Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.07885spotno funding——$524K1xBuy Binance Spot
SHORT0.07878+0.0100get 0.0050% / 4h7m 46s$5.0M$2.7M10xShort Binance
Price gap−0.086%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.123% under its 7d average: −$12 if it goes back, about 4.1 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price−$12spread −0.086% now, avg +0.036% → −0.123% if it goes back
Costs−$1941.937% of $10k · taker + slippage, in and out
Result−$185−1.85%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.086%
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

LUMIA on 8 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size78.3 / 39.3 bp
    At $10k entering Binance Spot costs 78.3 bp, fee and slippage, 2.0× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; Binance runs at up to 10x. 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.
  • Watch: Gap narrower than usual−0.086% vs +0.036%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$5.0M 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+0.0100%/8h × 21 periods+$21.00
Price spread−0.086% → +0.036% (7d avg)−$12.27
Slippage, 4 orderslive order books−$163.66
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$184.92
Costs to cover1.937%Break-even68.6 days
Slippage: Binance Spot: live order book, 53 min ago; Binance: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot6.5678.3 bp−$782027.8 bp−$20.3Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.9139.3 bp−$39181.6 bp−$1,816doesn’t fitdoesn’t fit

Closing costs about the same again.

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