Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1049 | spot | no funding | — | — | $92K | 1x | Buy Binance Spot | |
| SHORT | 0.1047 | +0.0047 | get 0.0023% / 4h | 2h 03m | $1.0M | $831K | 50x | Short 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 forecastFunding+$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 · historyPrice spread
Prices
Fundingper 8h
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
/8hGLM on 8 exchanges
lowest funding firstBefore 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 + $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: +$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 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+0.0083%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
