Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.009310 | spot | no funding | — | — | $142K | 1x | Buy Binance Spot | |
| SHORT | 0.009322 | −0.0066 | pay 0.0033% / 4h | 3h 43m | $1.5M | $795K | 25x | Short Binance |
Price gap+0.129%
Funding gap−0.0066% /8h
The gap pays +$14 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 6.9 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20−0.0066% /8h now · paid +0.200% over the last 7D
Price+$14spread +0.129% now, avg −0.009% → +0.137% if it goes back
Costs−$2562.564% of $10k · taker + slippage, in and out
Result−$223−2.23%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.129%
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
/8hSIGN on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size107.1 / 29.2 bpAt $10k entering Binance Spot costs 107.1 bp, fee and slippage, 3.7× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Binance runs at up to 25x. 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— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: −$1.98Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$1.98.
- OK: Entry gap works for you+0.129% vs −0.009%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.5M 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+0.0095%/8h × 21 periods+$20.03
Price spread+0.129% → −0.009% (7d avg)+$13.75
Slippage, 4 orderslive order books−$226.37
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$222.60
Costs to cover2.564%Break-even84.8 days
Slippage: Binance Spot: live order book, 46 min ago; Binance: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot5.36107.1 bp−$1073079.5 bp−$30.8Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.1629.2 bp−$29119.1 bp−$1,191doesn’t fitdoesn’t fit
Closing costs about the same again.
