Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.7520 | spot | no funding | — | — | $203K | 1x | Buy Binance Spot | |
| SHORT | 2.7490 | +0.0100 | get 0.0100% / 8h | 2h 03m | $1.0M | $648K | 50x | Short Binance |
Price gap−0.109%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.048% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0100% /8h now · paid +0.023% over the last 7D
Price+$5spread −0.109% now, avg −0.157% → +0.048% if it goes back
Costs−$9189.181% of $10k · taker + slippage, in and out
Result−$911−9.11%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.109%
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
/8hXVS on 6 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size637.8 / 53.0 bpAt $10k entering Binance Spot costs 637.8 bp, fee and slippage, 12.0× 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: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
- OK: Entry gap works for you−0.109% vs −0.157%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.0M 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+0.0011%/8h × 21 periods+$2.34
Price spread−0.109% → −0.157% (7d avg)+$4.78
Slippage, 4 orderslive order books−$888.07
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$910.95
Costs to cover9.181%Break-even2727.1 days
Slippage: Binance Spot: live order book, 53 min ago; Binance: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot9.09637.8 bp−$6384192.9 bp−$41.9Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.6453.0 bp−$53231.1 bp−$2,311doesn’t fitdoesn’t fit
Closing costs about the same again.
XVS news
posts that mention XVS, from every exchange| 10-20 19:16 | Extended | Incident | Extended moves to @arc on Thursday. Settlement migrates from Starknet to Arc on October 22 at 13:00 UTC. The migration is planned with no interruption to trading. Positions can still be liquidated during this time, so top up margin beforehand. Transfers between sub-accounts stay open. Most accounts need to do nothing. Your account, sub-accounts, positions, orders, history, points and keys carry across unchanged. USDC migrates as native USDC, ETH migrates 1:1 as wETH, and Vault (XVS) balances and withdrawal rights are preserved. If you hold more than $1 of USDT or wBTC in any sub-account, you must act by 12:00 UTC on October 21: - Authorise the conversion in-app. USDT converts to USDC and wBTC to cirBTC at 1:1 during the migration, with no swap fees. Extended credits a 0.50% premium. - Or withdraw both assets. If you miss the deadline, your whole account will be restricted for up to 30 minutes on October 21 while Extended cancels orders, closes positions in the affected sub-accounts at mark price with no fees, and returns your USDT and wBTC to your login wallet. Deposits and withdrawals will be paused for up to 2 hours during the migration. Full details can be found in the documentation: @extendedapp on X ↗ |
| 10-20 19:02 | Extended | Incident | Extended moves to @arc on Thursday Settlement migrates from Starknet to Arc on October 22 at 13:00 UTC. The migration is planned with no interruption to trading. Positions can still be liquidated during this time, so top up margin beforehand. Transfers between sub-accounts stay open. Most accounts need to do nothing. Your account, sub-accounts, positions, orders, history, points and keys carry across unchanged. USDC migrates as native USDC, ETH migrates 1:1 as wETH, and Vault (XVS) balances and withdrawal rights are preserved. If you hold more than $1 of USDT or wBTC in any sub-account, you must act by 12:00 UTC on October 21: - Authorise the conversion in-app. USDT converts to USDC and wBTC to cirBTC at 1:1 during the migration, with no swap fees. Extended credits a 0.50% premium. - Or withdraw both assets. If you miss the deadline, your whole account will be restricted for up to 30 minutes on October 21 while Extended cancels orders, closes positions in the affected sub-accounts at mark price with no fees, and returns your USDT and wBTC to your login wallet. Deposits and withdrawals will be paused for up to 2 hours during the migration. Full details can be found in the documentation: @extendedapp on X ↗ |

Extended