Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05730 | spot | no funding | — | — | $95K | 1x | Buy Binance Spot | |
| SHORT | 0.05721 | +0.0100 | get 0.0050% / 4h | 2h 03m | $1.1M | $753K | 20x | Short Binance |
Price gap−0.157%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.047% under its 7d average: −$5 if it goes back, about 37 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0100% /8h now · paid +0.164% over the last 7D
Price−$5spread −0.157% now, avg −0.110% → −0.047% if it goes back
Costsno datano order book for Binance Spot
Result, before costs+$12+0.12%no pointscosts unknown: no order book for Binance Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.157%
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
/8hYB on 12 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Binance Spot: its slippage is not counted.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; Binance runs at up to 20x. 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.
- Watch: Gap narrower than usual−0.157% vs −0.110%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.1M 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+0.0078%/8h × 21 periods+$16.36
Price spread−0.157% → −0.110% (7d avg)−$4.68
Slippage, 4 ordersno data for Binance Spot—
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$18.32
Costs to cover0.300%Break-even14.8 days
Slippage: Binance Spot: no order-book sample; Binance: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot—————
SELL · SHORTBinance2.6363.4 bp−$63285.7 bp−$2,857doesn’t fitdoesn’t fit
Closing costs about the same again.
Binance Spot: no data.
