Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01921spotno funding——$465K1xBuy Binance Spot
SHORT0.01918−0.0076pay 0.0076% / 8h7h 39m$2.5M$4.0M75xShort Binance
Price gap−0.153%
Funding gap−0.0076% /8h

Funding costs $2 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$17−0.0076% /8h now · paid −0.174% over the last 7D
Price$0spread −0.153% now, avg −0.157% → +0.005% if it goes back
Costs−$1001.001% of $10k · taker + slippage, in and out
Result−$117−1.17%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.153%
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

GRT on 13 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size32.1 / 17.6 bp
    At $10k entering Binance Spot costs 32.1 bp, fee and slippage, 1.8× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Binance runs at up to 75x. 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— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: −$2.27Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, −$2.27.
  • Note: Gap at its usual level−0.153% vs −0.157%
    The price leg adds little either way.
  • Note: Spot has no open interest$2.5M 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−$17.38
Price spread−0.153% → −0.157% (7d avg)+$0.46
Slippage, 4 orderslive order books−$70.13
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$117.05
Costs to cover1.001%Break-evennever at this rate
Slippage: Binance Spot: live order book, 19 min ago; Binance: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot10.5532.1 bp−$322833.2 bp−$28.3Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.6117.6 bp−$1853.7 bp−$537doesn’t fitdoesn’t fit

Closing costs about the same again.

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