Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.0003955 | spot | no funding | — | — | $2.7M | 1x | Buy Binance Spot | |
| SHORT | 0.0003952 | −0.0071 | pay 0.0009% / 1h | 3m 29s | $3.7M | $40.0M | 50x | Short Binance |
Price gap−0.076%
Funding gap−0.0071% /8h
The gap pays +$42 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 20 days. At the last 7 days' pace that is about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1,095−0.0071% /8h now · paid −10.947% over the last 7D
Price+$42spread −0.076% now, avg −0.497% → +0.422% if it goes back
Costs−$1261.261% of $10k · taker + slippage, in and out
Result−$1,179−11.79%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.076%
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
/8hHOT on 7 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size37.0 / 16.9 bpAt $10k entering Binance Spot costs 37.0 bp, fee and slippage, 2.2× Binance’s.
- 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— / 1hThe spot leg pays no funding; Binance settles every 1h.Next 24h at the current rates, on $10k a leg: −$2.13Long Binance Spot: 0 payments, $0.00; short Binance: 24 payments, −$2.13.
- OK: Entry gap works for you−0.076% vs −0.497%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$3.7M 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−0.5213%/8h × 21 periods−$1,094.72
Price spread−0.076% → −0.497% (7d avg)+$42.16
Slippage, 4 orderslive order books−$96.09
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$1,178.65
Costs to cover1.261%Break-evennever at this rate
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot12.6137.0 bp−$371227.2 bp−$12.3Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.5316.9 bp−$1753.7 bp−$537doesn’t fitdoesn’t fit
Closing costs about the same again.
BingX