Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.0004725spotno funding——$168K1xBuy Binance Spot
SHORT0.0004721+0.0100get 0.0050% / 4h2h 03m$624K$1.2M50xShort Binance
Price gap−0.076%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.125% 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+$20+0.0100% /8h now · paid +0.196% over the last 7D
Price+$13spread −0.076% now, avg −0.202% → +0.125% if it goes back
Costs−$2262.259% of $10k · taker + slippage, in and out
Result−$194−1.94%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.076%
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

SLP on 8 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size90.6 / 29.6 bp
    At $10k entering Binance Spot costs 90.6 bp, fee and slippage, 3.1× 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: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you−0.076% vs −0.202%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thin$624K OI
    Binance sets your exit cost. Check its book before closing.
  • 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+0.0093%/8h × 21 periods+$19.63
Price spread−0.076% → −0.202% (7d avg)+$12.55
Slippage, 4 orderslive order books−$195.91
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$193.73
Costs to cover2.259%Break-even76.1 days
Slippage: Binance Spot: live order book, 53 min ago; Binance: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot21.2390.6 bp−$912737.1 bp−$27.4Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance5.3029.6 bp−$30134.9 bp−$1,349doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SLP news

posts that mention SLP, from every exchange
09-22 04:08StandXOtherAnother update on our SLP vault: Our SLP vault delivered strong results over the past 30 days, with roughly 202K DUSD added during the period and total realized PnL reaching 623,431.43 DUSD, equivalent to about 11.2% annualized. Interested? You can try it or verify the data here: @StandX_Official on X ↗