Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.09 | +0.0100 | pay 0.0013% / 1h | 30m 09s | $12K | $63K | 5x | Long Reya | |
| SHORT | 137.47 | 0 | 0.0000% / 8h | 5h 30m | $554.8M | $387.9M | 75x | Short Binance |
Price gap+0.276%
Funding gap−0.0100% /8h
The gap pays +$28 on $10k if it goes back to zero (no 7-day history yet), but funding costs $3 a day and eats that in about 9.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$86−0.0100% /8h now · paid +0.857% over the last 7D
Price—spread +0.276% now · no price history on both exchanges yet
Costsno datano order book for Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.276%
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
/8hSPCX on 47 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $133Reya 5x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long Reya: 24 payments, −$3.00; short Binance: 3 payments, $0.00.
- Note: No 7-day spread history+0.276%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$12K vs $554.8M OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- Watch: KYCReya No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0408%/8h × 21 periods+$85.71
Price spread+0.276% → 0+$27.64
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Binance bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$99.35
Costs to cover0.140%Break-evenfrom the start
Slippage: Reya: no order-book sample; Binance: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTBinance0.364.4 bp−$45.7 bp−$5721.5 bp−$2,14977.2 bp−$38.6K
Closing costs about the same again.
Reya: no data.
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