Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.8690 | spot | no funding | — | — | $283K | 1x | Buy Binance Spot | |
| SHORT | 1.8680 | +0.0100 | get 0.0100% / 8h | 7h 39m | $2.0M | $2.6M | 75x | Short Binance |
Price gap−0.054%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.042% 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 forecastFunding+$18+0.0100% /8h now · paid +0.184% over the last 7D
Price+$4spread −0.054% now, avg −0.095% → +0.042% if it goes back
Costs−$1091.094% of $10k · taker + slippage, in and out
Result−$87−0.87%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.054%
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
/8hNEO on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size38.7 / 16.4 bpAt $10k entering Binance Spot costs 38.7 bp, fee and slippage, 2.4× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $133The 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— / 8hThe 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−0.054% vs −0.095%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$2.0M OIOnly 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 YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.35
Price spread−0.054% → −0.095% (7d avg)+$4.19
Slippage, 4 orderslive order books−$79.40
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$86.86
Costs to cover1.094%Break-even40.1 days
Slippage: Binance Spot: live order book, 18 min ago; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot2.7138.7 bp−$392144.1 bp−$21.4Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.7116.4 bp−$1664.5 bp−$645doesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC