Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.003075 | spot | no funding | — | — | $378K | 1x | Buy Binance Spot | |
| SHORT | 0.003072 | +0.0100 | get 0.0050% / 4h | 3h 44m | $2.7M | $3.9M | 50x | Short Binance |
Price gap−0.085%
Funding gap+0.0100% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$104+0.0100% /8h now · paid −1.045% over the last 7D
Price+$1spread −0.085% now, avg −0.093% → +0.009% if it goes back
Costs−$1201.200% of $10k · taker + slippage, in and out
Result−$224−2.24%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.085%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hG on 8 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size48.7 / 18.5 bpAt $10k entering Binance Spot costs 48.7 bp, fee and slippage, 2.6× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
- Note: Gap at its usual level−0.085% vs −0.093%The price leg adds little either way.
- Note: Spot has no open interest$2.7M OIOnly Binance reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Spot Yes · Binance YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0498%/8h × 21 periods−$104.49
Price spread−0.085% → −0.093% (7d avg)+$0.87
Slippage, 4 orderslive order books−$90.04
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$223.66
Costs to cover1.200%Break-evennever at this rate
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot16.4248.7 bp−$491615.5 bp−$16.2Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.2818.5 bp−$1958.5 bp−$585doesn’t fitdoesn’t fit
Closing costs about the same again.
