Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.430 | spot | no funding | — | — | $719K | 1x | Buy Binance Spot | |
| SHORT | 15.402 | +0.0100 | get 0.0050% / 4h | 3h 46m | $3.2M | $4.2M | 50x | Short Binance |
Price gap−0.180%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.102% under its 7d average: −$10 if it goes back, about 3.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0100% /8h now · paid +0.162% over the last 7D
Price−$10spread −0.180% now, avg −0.077% → −0.102% if it goes back
Costs−$950.955% of $10k · taker + slippage, in and out
Result−$90−0.90%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.180%
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
/8hTRB on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size25.9 / 20.5 bpAt $10k entering Binance Spot costs 25.9 bp, fee and slippage, 1.3× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $200The 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— / 4hThe 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.
- Watch: Gap narrower than usual−0.180% vs −0.077%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$3.2M 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+0.0077%/8h × 21 periods+$16.18
Price spread−0.180% → −0.077% (7d avg)−$10.25
Slippage, 4 orderslive order books−$65.49
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$89.56
Costs to cover0.955%Break-even45.7 days
Slippage: Binance Spot: live order book, 13 min ago; Binance: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot6.5625.9 bp−$26764.9 bp−$7,649doesn’t fitdoesn’t fit
SELL · SHORTBinance0.9820.5 bp−$2057.5 bp−$575doesn’t fitdoesn’t fit
Closing costs about the same again.
