Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07981 | spot | no funding | — | — | $601K | 1x | Buy Bybit Spot | |
| SHORT | 0.07962 | +0.0100 | get 0.0050% / 4h | 2h 03m | $1.8M | $1.2M | 50x | Short Bybit |
Price gap−0.244%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.060% under its 7d average: −$6 if it goes back, about 48 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−$6spread −0.244% now, avg −0.185% → −0.060% if it goes back
Costs−$2582.580% of $10k · taker + slippage, in and out
Result−$248−2.48%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.244%
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
/8hA on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size63.5 / 68.3 bpAt $10k entering Bybit costs 68.3 bp, fee and slippage, 1.1× Bybit Spot’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Bybit 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 Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.244% vs −0.185%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.8M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0078%/8h × 21 periods+$16.38
Price spread−0.244% → −0.185% (7d avg)−$5.95
Slippage, 4 orderslive order books−$227.03
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$247.60
Costs to cover2.580%Break-even112.8 days
Slippage: Bybit Spot: live order book, 56 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot3.1363.5 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit6.2868.3 bp−$68328.1 bp−$3,281doesn’t fitdoesn’t fit
Closing costs about the same again.
