Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.05455spotno funding——$116K1xBuy Binance Spot
SHORT0.05435+0.0031get 0.0016% / 4h2h 03m$1.5M$1.0M50xShort Binance
Price gap−0.367%
Funding gap+0.0031% /8h

Funding pays +$1 a day on $10k, but the gap is 0.215% under its 7d average: −$21 if it goes back, about 23 days of funding. At the last 7 days' pace that is about 8.7 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$17+0.0031% /8h now · paid +0.172% over the last 7D
Price−$21spread −0.367% now, avg −0.152% → −0.215% if it goes back
Costs−$1571.566% of $10k · taker + slippage, in and out
Result−$161−1.61%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.367%
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

HOLO on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size50.1 / 26.3 bp
    At $10k entering Binance Spot costs 50.1 bp, fee and slippage, 1.9× Binance’s.
  • 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: +$0.94Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$0.94.
  • Watch: Gap narrower than usual−0.367% vs −0.152%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$1.5M 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+0.0082%/8h × 21 periods+$17.23
Price spread−0.367% → −0.152% (7d avg)−$21.50
Slippage, 4 orderslive order books−$126.57
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$160.84
Costs to cover1.566%Break-even72.4 days
Slippage: Binance Spot: live order book, 37 min ago; Binance: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot9.1250.1 bp−$501516.3 bp−$15.2Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance0.9226.3 bp−$2692.9 bp−$929doesn’t fitdoesn’t fit

Closing costs about the same again.

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