Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.004685spotno funding——$841K1xBuy Binance Spot
SHORT0.004672−0.1101pay 0.0551% / 4h2h 00m$2.8M$6.5M50xShort Binance
Price gap−0.280%
Funding gap−0.1101% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $33 a day and eats that in about 4 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$329−0.1101% /8h now · paid −3.287% over the last 7D
Price+$6spread −0.280% now, avg −0.340% → +0.060% if it goes back
Costs−$1601.600% of $10k · taker + slippage, in and out
Result−$483−4.83%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.280%
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

T on 7 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size64.3 / 17.6 bp
    At $10k entering Binance Spot costs 64.3 bp, fee and slippage, 3.6× 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: −$33.03Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$33.03.
  • OK: Entry gap works for you−0.280% vs −0.340%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$2.8M 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−0.1565%/8h × 21 periods−$328.74
Price spread−0.280% → −0.340% (7d avg)+$6.02
Slippage, 4 orderslive order books−$129.95
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$482.67
Costs to cover1.600%Break-evennever at this rate
Slippage: Binance Spot: live order book, 44 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot10.7464.3 bp−$643957.8 bp−$39.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.0617.6 bp−$1872.5 bp−$725doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

T news

posts that mention T, from every exchange
10-12 16:31BingXOther.@SpaceX bought nationwide 800 MHz spectrum to launch Starlink Mobile as a US carrier. $T fell 10%. $VZ fell 9%. $TMUS fell 13%. Each had its worst trading day in over a decade. Musk: “The last critical piece of the spectrum puzzle.” @BingXOfficial on X ↗