Settings8H · net · $10k
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Funding arb · Price arb / Crypto

JOE

All JOE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotJOEUSDT
0.02695spotno funding——$76K1xBuy Binance Spot
SHORT
BinanceJOEUSDT
0.02694+0.0100get 0.0100% / 8h4h 00m$954K$612K25xShort Binance
Price gap−0.034%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.045% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0100% /8h now · paid +0.108% over the last 7D
Price+$4spread −0.034% now, avg −0.079% → +0.045% if it goes back
Costsno datano order book for Binance Spot
Result, before costs+$15+0.15%no pointscosts unknown: no order book for Binance Spot ·

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.034%
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

JOE on 5 exchanges

lowest funding first

Before you open

2 ok · 2 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 + $400
    The spot leg is bought with the whole $10k; Binance runs at up to 25x. 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: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
  • OK: Entry gap works for you−0.034% vs −0.079%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thin$954K OI
    Binance sets your exit cost. Check its book before closing.
  • 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+0.0051%/8h × 21 periods+$10.79
Price spread−0.034% → −0.079% (7d avg)+$4.48
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−$14.72
Costs to cover0.300%Break-even16.5 days
Slippage: Binance Spot: no order-book sample; Binance: live order book, 19 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot—————
SELL · SHORTBinance5.5752.3 bp−$52204.9 bp−$2,049doesn’t fitdoesn’t fit

Closing costs about the same again.
Binance Spot: no data.

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