Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1397spotno funding——$1.8M1xBuy Binance Spot
SHORT0.1396+0.0100get 0.0050% / 4h3h 44m$5.9M$3.0M75xShort Binance
Price gap−0.033%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.139% above its 7d average: +$14 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$24+0.0100% /8h now · paid −0.237% over the last 7D
Price+$14spread −0.033% now, avg −0.171% → +0.139% if it goes back
Costs−$620.617% of $10k · taker + slippage, in and out
Result−$72−0.72%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.033%
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

JST on 9 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • OK: Fits both order books12.8 / 14.7 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • 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— / 4h
    The 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.
  • OK: Entry gap works for you−0.033% vs −0.171%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$5.9M 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−0.0113%/8h × 21 periods−$23.72
Price spread−0.033% → −0.171% (7d avg)+$13.85
Slippage, 4 orderslive order books−$31.73
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$71.60
Costs to cover0.617%Break-evennever at this rate
Slippage: Binance Spot: live order book, 1 min ago; Binance: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot1.0712.8 bp−$1369.6 bp−$696doesn’t fitdoesn’t fit
SELL · SHORTBinance0.3614.7 bp−$1547.4 bp−$474378.3 bp−$37.8Kdoesn’t fit

Closing costs about the same again.

Alert