Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01546spotno funding——$409K1xBuy Binance Spot
SHORT0.01543−0.0485pay 0.0242% / 4h3h 48m$1.7M$1.5M50xShort Binance
Price gap−0.196%
Funding gap−0.0485% /8h

Funding costs $15 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$83−0.0485% /8h now · paid −0.829% over the last 7D
Price−$1spread −0.196% now, avg −0.187% → −0.009% if it goes back
Costs−$1431.429% of $10k · taker + slippage, in and out
Result−$227−2.27%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.196%
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

SUN on 11 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size69.1 / 20.2 bp
    At $10k entering Binance Spot costs 69.1 bp, fee and slippage, 3.4× 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: −$14.54Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$14.54.
  • Note: Gap at its usual level−0.196% vs −0.187%
    The price leg adds little either way.
  • Note: Spot has no open interest$1.7M 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−0.0395%/8h × 21 periods−$82.92
Price spread−0.196% → −0.187% (7d avg)−$0.91
Slippage, 4 orderslive order books−$112.87
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$226.70
Costs to cover1.429%Break-evennever at this rate
Slippage: Binance Spot: live order book, 10 min ago; Binance: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot6.4969.1 bp−$69125.7 bp−$1,257doesn’t fitdoesn’t fit
SELL · SHORTBinance0.3220.2 bp−$20121.6 bp−$1,216doesn’t fitdoesn’t fit

Closing costs about the same again.

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