Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1049spotno funding——$92K1xBuy Binance Spot
SHORT0.1047+0.0047get 0.0023% / 4h2h 03m$1.0M$831K50xShort Binance
Price gap−0.220%
Funding gap+0.0047% /8h

Funding trade: +$1 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 forecast
Funding+$17+0.0047% /8h now · paid +0.174% over the last 7D
Price+$1spread −0.220% now, avg −0.234% → +0.015% if it goes back
Costsno datano order book for Binance Spot
Result, before costs+$19+0.19%no pointscosts unknown: no order book for Binance Spot ·

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.220%
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

/8h

GLM on 8 exchanges

lowest funding first

Before you open

1 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Binance Spot: its slippage is not counted.
  • Note: Spot in full, margin on the short$10,000 + $200
    The 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— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$1.41Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$1.41.
  • Note: Gap at its usual level−0.220% vs −0.234%
    The price leg adds little either way.
  • Note: Spot has no open interest$1.0M OI
    Only 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 Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0083%/8h × 21 periods+$17.45
Price spread−0.220% → −0.234% (7d avg)+$1.45
Slippage, 4 ordersno data for Binance Spot—
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$11.10
Costs to cover0.300%Break-even11.5 days
Slippage: Binance Spot: no order-book sample; Binance: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot—————
SELL · SHORTBinance2.3933.9 bp−$34103.0 bp−$1,030doesn’t fitdoesn’t fit

Closing costs about the same again.
Binance Spot: no data.

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