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

LPT

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotLPTUSDT
1.3480spotno funding——$299K1xBuy Binance Spot
SHORT
BinanceLPTUSDT
1.3464−0.0136pay 0.0068% / 4h2h 03m$2.0M$1.7M50xShort Binance
Price gap−0.117%
Funding gap−0.0136% /8h

Both sides work against this pair now: funding costs $4 a day on $10k and the gap is 0.029% under its 7d average. Spot cannot be shorted here, so there is no reverse.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$16−0.0136% /8h now · paid +0.162% over the last 7D
Price−$3spread −0.117% now, avg −0.089% → −0.029% if it goes back
Costs−$1401.399% of $10k · taker + slippage, in and out
Result−$127−1.27%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.117%
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

LPT on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size45.2 / 24.8 bp
    At $10k entering Binance Spot costs 45.2 bp, fee and slippage, 1.8× 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: −$4.07Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$4.07.
  • Watch: Gap narrower than usual−0.117% vs −0.089%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$2.0M 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+0.0077%/8h × 21 periods+$16.18
Price spread−0.117% → −0.089% (7d avg)−$2.86
Slippage, 4 orderslive order books−$109.89
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$126.56
Costs to cover1.399%Break-even61.7 days
Slippage: Binance Spot: live order book, 54 min ago; Binance: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot7.4245.2 bp−$451966.9 bp−$19.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.7124.8 bp−$2570.3 bp−$703doesn’t fitdoesn’t fit

Closing costs about the same again.

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