Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.5875spotno funding——$1.9M1xBuy Bybit Spot
SHORT0.5869+0.0056get 0.0056% / 8h7h 48m$16.1M$17.4M75xShort Bybit
Price gap−0.094%
Funding gap+0.0056% /8h

Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0056% /8h now · paid +0.114% over the last 7D
Price$0spread −0.094% now, avg −0.094% → +0.001% if it goes back
Costs−$910.908% of $10k · taker + slippage, in and out
Result−$79−0.79%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.094%
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

APT on 30 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size27.5 / 11.3 bp
    At $10k entering Bybit Spot costs 27.5 bp, fee and slippage, 2.4× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Bybit runs at up to 75x. 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— / 8h
    The spot leg pays no funding; Bybit settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$1.67Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$1.67.
  • Note: Gap at its usual level−0.094% vs −0.094%
    The price leg adds little either way.
  • Note: Spot has no open interest$16.1M 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+0.0054%/8h × 21 periods+$11.36
Price spread−0.094% → −0.094% (7d avg)+$0.08
Slippage, 4 orderslive order books−$59.82
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$79.38
Costs to cover0.908%Break-even55.9 days
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot1.7227.5 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.8611.3 bp−$1121.5 bp−$21581.9 bp−$8,188doesn’t fit

Closing costs about the same again.

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