Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.002082 | spot | no funding | — | — | $205K | 1x | Buy Binance Spot | |
| SHORT | 0.002086 | +0.0178 | get 0.0178% / 8h | 5h 06m | $875K | $1.4M | 50x | Short Binance |
Price gap+0.185%
Funding gap+0.0178% /8h
Funding trade: +$5 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+$45+0.0178% /8h now · paid +0.453% over the last 7D
Price$0spread +0.185% now, avg +0.188% → −0.003% if it goes back
Costs−$1891.887% of $10k · taker + slippage, in and out
Result−$144−1.44%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.185%
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
/8hXVG on 8 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size65.6 / 29.9 bpAt $10k entering Binance Spot costs 65.6 bp, fee and slippage, 2.2× 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— / 8hThe spot leg pays no funding; Binance settles every 8h.Next 24h at the current rates, on $10k a leg: +$5.34Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$5.34.
- Note: Gap at its usual level+0.185% vs +0.188%The price leg adds little either way.
- Watch: Short leg is thin$875K OIBinance sets your exit cost. Check its book before closing.
- 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+0.0216%/8h × 21 periods+$45.31
Price spread+0.185% → +0.188% (7d avg)−$0.27
Slippage, 4 orderslive order books−$158.67
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$143.63
Costs to cover1.887%Break-even29.2 days
Slippage: Binance Spot: live order book, 50 min ago; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot9.6665.6 bp−$662564.3 bp−$25.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance4.8129.9 bp−$30129.3 bp−$1,293doesn’t fitdoesn’t fit
Closing costs about the same again.
