Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 49.325 | 0 | 0.0000% / 4h | 4m 41s | $6.5M | $1.9M | 25x | Long Binance | |
| SHORT | 49.512 | +0.0145 | get 0.0018% / 1h | 4m 41s | $194K | $64K | 10x | Short Entropy |
Price gap+0.379%
Funding gap+0.0145% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.318% above its 7d average: +$32 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0145% /8h now · paid +0.111% over the last 7D
Price+$32spread +0.379% now, avg +0.061% → +0.318% if it goes back
Costs−$890.885% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.379%
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
/8hTENCENT on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size14.3 / 24.2 bpAt $10k entering Entropy costs 24.2 bp, fee and slippage, 1.7× Binance’s.
- Note: Margin at max leverage$400 + $1,000Binance 25x, Entropy 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.35Long Binance: 6 payments, $0.00; short Entropy: 24 payments, +$4.35.
- OK: Entry gap works for you+0.379% vs +0.061%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$194K vs $6.5M OIEntropy sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Entropy NoVerified 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+0.0053%/8h × 21 periods+$11.08
Price spread+0.379% → +0.061% (7d avg)+$31.82
Slippage, 4 orderslive order books−$78.73
Fee Binance bp × 2 orders−$8.00
Fee Entropy bp × 2 orders−$1.80
Net · 7 days · $10k−$45.63
Costs to cover0.885%Break-even35.8 days
Slippage: Binance: live order book, 13 min ago; Entropy: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.0314.3 bp−$1438.7 bp−$387doesn’t fitdoesn’t fit
SELL · SHORTEntropy8.0824.2 bp−$24doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BingX