Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2539 | +0.0100 | pay 0.0013% / 1h | 54m 16s | $204K | $408K | 10x | Long Arcus5% off | |
| SHORT | 0.2541 | +0.0374 | get 0.0187% / 4h | 1h 54m | $20.6M | $58.8M | 50x | Short Binance |
Price gap+0.051%
Funding gap+0.0274% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.150% above its 7d average: +$15 more if it goes back.
Funding on this pair cost 0.825% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$83+0.0274% /8h now · paid −0.825% over the last 6 days (all we have)
Price+$15spread +0.051% now, avg −0.098% → +0.150% if it goes back
Costs−$620.619% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.051%
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
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size19.7 / 17.0 bpAt $10k entering Arcus costs 19.7 bp, fee and slippage, 1.2× Binance’s.
- Note: Margin at max leverage$1,000 + $200Arcus 10x, Binance 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.22Long Arcus: 24 payments, −$3.00; short Binance: 6 payments, +$11.22.
- OK: Entry gap works for you+0.051% vs −0.098%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$204K vs $20.6M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0468%/8h × 21 periods−$98.28
Price spread+0.051% → −0.098% (7d avg)+$14.96
Slippage, 4 orderslive order books−$47.36
Fee Arcus bp × 2 orders−$4.50
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$145.18
Costs to cover0.619%Break-evennever at this rate
Slippage: Arcus: live order book, 8 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus7.9219.7 bp−$2032.7 bp−$327doesn’t fitdoesn’t fit
SELL · SHORTBinance0.4017.0 bp−$1768.3 bp−$683doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado