Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03635 | spot | no funding | — | — | $330K | 1x | Buy Binance Spot | |
| SHORT | 0.03640 | +0.0100 | get 0.0050% / 4h | 2h 02m | $1.9M | $1.7M | 40x | Short Binance |
Price gap+0.148%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.179% above its 7d average: +$18 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price+$18spread +0.148% now, avg −0.031% → +0.179% if it goes back
Costs−$1721.720% of $10k · taker + slippage, in and out
Result−$133−1.33%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.148%
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
/8hZKP on 10 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size74.3 / 32.2 bpAt $10k entering Binance Spot costs 74.3 bp, fee and slippage, 2.3× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $250The spot leg is bought with the whole $10k; Binance runs at up to 40x. 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.
- OK: Entry gap works for you+0.148% vs −0.031%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.9M 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+0.0100%/8h × 21 periods+$21.00
Price spread+0.148% → −0.031% (7d avg)+$17.93
Slippage, 4 orderslive order books−$142.01
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$133.08
Costs to cover1.720%Break-even51.4 days
Slippage: Binance Spot: live order book, 40 min ago; Binance: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot13.5774.3 bp−$74586.0 bp−$5,860doesn’t fitdoesn’t fit
SELL · SHORTBinance4.1132.2 bp−$32126.6 bp−$1,266doesn’t fitdoesn’t fit
Closing costs about the same again.
ZKP news
posts that mention ZKP, from every exchange| 11-01 16:12 | Binance | Other | Binance began restoring withdrawals in phases at 06:00 UTC on November 1, 2026. By 12:36 UTC, withdrawals had resumed for all 15 networks and assets in the initial phase. After an initial spike, withdrawal volumes have declined and are stabilising as expected, while deposit volumes have remained substantial. Between 06:00 and 15:30 UTC on November 1, we processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion. This represents 2.1% of our $171 billion in total assets under management (AUM), based on the latest available Proof of Reserves (PoR) data as of October 28, 2026. A new PoR snapshot was taken at 00:00 UTC on October 31, and zero-knowledge proof (ZKP) computation began. The updated report is expected to be available on our PoR website tomorrow. Our team continues testing rigorously the remaining networks and assets. We know how important safe and reliable access to your funds is and will share details of the next phase as soon as we can. Rest assured that market conditions are stable. Thank you for your patience and continued support. @binance on X ↗ |
