Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.005685spotno funding——$562K1xBuy Binance Spot
SHORT0.005685+0.0100get 0.0100% / 8h7h 43m$1.6M$2.0M50xShort Binance
Price gap0.000%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.134% above its 7d average: +$13 more if it goes back.

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 +0.206% over the last 7D
Price+$13spread 0.000% now, avg −0.134% → +0.134% if it goes back
Costs−$1621.617% of $10k · taker + slippage, in and out
Result−$128−1.28%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now0.000%
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

ROSE on 11 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size49.3 / 29.2 bp
    At $10k entering Binance Spot costs 49.3 bp, fee and slippage, 1.7× 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— / 8h
    The 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 you0.000% vs −0.134%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.6M 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+0.0098%/8h × 21 periods+$20.61
Price spread0.000% → −0.134% (7d avg)+$13.36
Slippage, 4 orderslive order books−$131.66
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$127.68
Costs to cover1.617%Break-even50.4 days
Slippage: Binance Spot: live order book, 16 min ago; Binance: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot8.9449.3 bp−$49744.7 bp−$7,447doesn’t fitdoesn’t fit
SELL · SHORTBinance4.4629.2 bp−$29114.5 bp−$1,145doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert