Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005259 | +0.0072 | pay 0.0036% / 4h | 3h 46m | $1.9M | $1.7M | 25x | Long Bybit | |
| SHORT | 0.005246 | −0.0416 | pay 0.0208% / 4h | 3h 46m | $1.2M | $434K | 50x | Short Phemex |
Price gap−0.247%50s
Funding gap−0.0488% /8h
Both sides work against this direction now: funding costs $15 a day on $10k and the gap is 0.202% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14−0.0488% /8h now · paid +0.145% over the last 7D
Price—spread −0.247%50s now · prices read too far apart to compare
Costs−$1411.410% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.145% in total, about +0.0069%/8h on average.
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−0.247%
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
/8hALT on 12 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size21.7 / 40.8 bpAt $10k entering Phemex costs 40.8 bp, fee and slippage, 1.9× Bybit’s.
- Note: Margin at max leverage$400 + $200Bybit 25x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$14.65Long Bybit: 6 payments, −$2.18; short Phemex: 6 payments, −$12.47.
- Watch: Prices read 50 s apart−0.247% vs −0.045%Part of this gap may be the market moving.
- Note: Short leg is thinner$1.2M vs $1.9M OIBoth legs are deep; Phemex is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Phemex YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0069%/8h × 21 periods+$14.47
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$118.02
Fee Bybit bp × 2 orders−$11.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$126.55
price spread not counted: prices read too far apartCosts to cover1.410%Break-even68.2 days
Slippage: Bybit: live order book, 3 min ago; Phemex: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit3.8321.7 bp−$22216.8 bp−$2,168doesn’t fitdoesn’t fit
SELL · SHORTPhemex5.7340.8 bp−$41161.3 bp−$1,613doesn’t fitdoesn’t fit
Closing costs about the same again.
ALT news
posts that mention ALT, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-26 03:39 | Phemex | Listing | new market ALTUSDT ($ALT) seen by our collector |
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