Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01035 | spot | no funding | — | — | $807K | 1x | Buy Binance Spot | |
| SHORT | 0.01035 | +0.0100 | get 0.0050% / 4h | 3h 44m | $4.0M | $6.3M | 50x | Short Binance |
Price gap−0.087%
Funding gap+0.0100% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0100% /8h now · paid +0.072% over the last 7D
Price$0spread −0.087% now, avg −0.088% → +0.001% if it goes back
Costs−$1081.080% of $10k · taker + slippage, in and out
Result−$101−1.01%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.087%
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
/8hW on 17 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size30.9 / 20.8 bpAt $10k entering Binance Spot costs 30.9 bp, fee and slippage, 1.5× 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.
- Note: Gap at its usual level−0.087% vs −0.088%The price leg adds little either way.
- Note: Spot has no open interest$4.0M 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+0.0035%/8h × 21 periods+$7.25
Price spread−0.087% → −0.088% (7d avg)+$0.12
Slippage, 4 orderslive order books−$78.04
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$100.68
Costs to cover1.080%Break-even104.2 days
Slippage: Binance Spot: live order book, 15 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot4.8930.9 bp−$311164.3 bp−$11.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.4320.8 bp−$2163.6 bp−$636doesn’t fitdoesn’t fit
Closing costs about the same again.
W news
posts that mention W, from every exchange| 10-14 03:49 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-14 03:30 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-13 19:59 | Arcus | Listing | new market W-USD ($W) seen by our collector |
| 10-12 15:17 | Aster | Listing | New perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗ |
| 10-12 14:13 | Aster | Listing | new market WUSDT ($W) seen by our collector |
Arcus
Aster