Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2106spotno funding——$1.0M1xBuy Binance Spot
SHORT0.2108+0.0005get 0.0003% / 4h3h 45m$6.2M$9.3M75xShort Binance
Price gap+0.104%
Funding gap+0.0005% /8h

Funding is ≈ 0, so this is a price-spread trade: +$16 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20+0.0005% /8h now · paid +0.202% over the last 7D
Price+$16spread +0.104% now, avg −0.054% → +0.159% if it goes back
Costs−$950.951% of $10k · taker + slippage, in and out
Result−$59−0.59%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.104%
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

KAITO on 28 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size35.0 / 15.1 bp
    At $10k entering Binance Spot costs 35.0 bp, fee and slippage, 2.3× Binance’s.
  • 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: +$0.16Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$0.16.
  • OK: Entry gap works for you+0.104% vs −0.054%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$6.2M 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+0.0096%/8h × 21 periods+$20.22
Price spread+0.104% → −0.054% (7d avg)+$15.86
Slippage, 4 orderslive order books−$65.13
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$59.06
Costs to cover0.951%Break-even27.4 days
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot4.8335.0 bp−$352583.4 bp−$25.8Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.4115.1 bp−$1551.0 bp−$510408.3 bp−$40.8Kdoesn’t fit

Closing costs about the same again.

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