Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001769 | spot | no funding | — | — | $359K | 1x | Buy Binance Spot | |
| SHORT | 0.001769 | +0.0100 | get 0.0050% / 4h | 2h 03m | $1.4M | $1.7M | 10x | Short Binance |
Price gap+0.046%
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+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price$0spread +0.046% now, avg +0.051% → −0.005% if it goes back
Costs−$1501.497% of $10k · taker + slippage, in and out
Result−$129−1.29%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.046%
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
/8hGUN on 9 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size47.9 / 31.6 bpAt $10k entering Binance Spot costs 47.9 bp, fee and slippage, 1.5× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $1,000The spot leg is bought with the whole $10k; Binance runs at up to 10x. 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+0.046% vs +0.051%The price leg adds little either way.
- Note: Spot has no open interest$1.4M 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+0.0100%/8h × 21 periods+$21.00
Price spread+0.046% → +0.051% (7d avg)−$0.49
Slippage, 4 orderslive order books−$119.70
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$129.19
Costs to cover1.497%Break-even50.1 days
Slippage: Binance Spot: live order book, 54 min ago; Binance: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot5.6847.9 bp−$482033.3 bp−$20.3Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance5.6531.6 bp−$32341.7 bp−$3,417doesn’t fitdoesn’t fit
Closing costs about the same again.
