Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2425 | +0.0318 | pay 0.0159% / 4h | 1h 17m | $19.4M | $60.8M | 50x | Long Binance | |
| SHORT | 0.2419 | +0.0450 | get 0.0056% / 1h | 17m 57s | $202K | $390K | 10x | Short Arcus5% off |
Price gap−0.238%46s
Funding gap+0.0131% /8h
Funding pays +$4 a day on $10k, but the gap is 0.336% under its 7d average: −$34 if it goes back, about 8.5 days of funding. At the last 7 days' pace that is about 2.4 days.
The two prices were read 46 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$83+0.0131% /8h now · paid +0.827% over the last 6 days (all we have)
Price—spread −0.238%46s now · prices read too far apart to compare
Costs−$610.606% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.238%
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- OK: Fits both order books12.4 / 11.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Binance 50x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.94Long Binance: 6 payments, −$9.55; short Arcus: 24 payments, +$13.49.
- Watch: Prices read 46 s apart−0.238% vs +0.098%Part of this gap may be the market moving.
- Watch: Short leg is thinner$202K vs $19.4M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Arcus NoVerified 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+0.0467%/8h × 21 periods+$98.01
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$46.07
Fee Binance bp × 2 orders−$10.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$37.44
price spread not counted: prices read too far apartCosts to cover0.606%Break-even4.3 days
Slippage: Binance: live order book, 3 min ago; Arcus: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.2012.4 bp−$1257.2 bp−$572doesn’t fitdoesn’t fit
SELL · SHORTArcus7.9211.6 bp−$1230.2 bp−$302doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado