Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1643 | spot | no funding | — | — | $298K | 1x | Buy Binance Spot | |
| SHORT | 0.1640 | +0.0100 | get 0.0100% / 8h | 8m 10s | $2.0M | $4.5M | 75x | Short Binance |
Price gap−0.153%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.085% under its 7d average: −$9 if it goes back, about 2.8 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0100% /8h now · paid +0.178% over the last 7D
Price−$9spread −0.153% now, avg −0.067% → −0.085% if it goes back
Costs−$1431.431% of $10k · taker + slippage, in and out
Result−$134−1.34%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.153%
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
/8hSNX on 14 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size45.5 / 21.2 bpAt $10k entering Binance Spot costs 45.5 bp, fee and slippage, 2.1× 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.
- Watch: Gap narrower than usual−0.153% vs −0.067%Less room for the price leg to pay you. If it goes back to average, the short loses.
- 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+0.0085%/8h × 21 periods+$17.78
Price spread−0.153% → −0.067% (7d avg)−$8.52
Slippage, 4 orderslive order books−$113.08
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$133.82
Costs to cover1.431%Break-even59.7 days
Slippage: Binance Spot: live order book, 52 min ago; Binance: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot3.0745.5 bp−$454185.8 bp−$41.9Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.0421.2 bp−$2169.9 bp−$699doesn’t fitdoesn’t fit
Closing costs about the same again.
SNX news
posts that mention SNX, from every exchange| 09-21 21:00 | Binance | Other | What’s on the market radar this week? 👀 Sep 21–25, 2026 🗓️ • Mon–Tue: Quiet on the macro front • Wed: Meta Connect 2026 keynote, 7 PM ET • Earnings all week: AZO, GIS, CLLS, PAYX, SNX, DRI, COST Plan ahead. Trade 24/7. @binance on X ↗ |
| 09-18 16:42 | Backpack | Other | Earnings to watch for the week of September 21. ▸ Consumer: $COST $AZO $DRI $GIS ▸ Business services: $CTAS $PAYX ▸ Technology: $SNX $BB Full earnings calendar → @Backpack on X ↗ |

Backpack