Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.07981spotno funding——$601K1xBuy Bybit Spot
SHORT0.07962+0.0100get 0.0050% / 4h2h 03m$1.8M$1.2M50xShort 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 forecast
Funding+$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 · history
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

/8h

A on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size63.5 / 68.3 bp
    At $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 + $200
    The 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— / 4h
    The 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 OI
    Only 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 Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert