Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG3.0420spotno funding——$415K1xBuy Bybit Spot
SHORT3.0465+0.0100get 0.0100% / 8h7h 44m$1.4M$639K75xShort Bybit
Price gap+0.148%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.156% above its 7d average: +$16 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$3+0.0100% /8h now · paid −0.034% over the last 7D
Price+$16spread +0.148% now, avg −0.008% → +0.156% if it goes back
Costs−$2272.266% of $10k · taker + slippage, in and out
Result−$214−2.14%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.148%
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

AR on 16 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size69.2 / 51.3 bp
    At $10k entering Bybit Spot costs 69.2 bp, fee and slippage, 1.3× 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: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.148% vs −0.008%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.4M 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−0.0016%/8h × 21 periods−$3.39
Price spread+0.148% → −0.008% (7d avg)+$15.61
Slippage, 4 orderslive order books−$195.60
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$214.37
Costs to cover2.266%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot3.3669.2 bp−$69doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.3051.3 bp−$51450.2 bp−$4,502doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

AR news

posts that mention AR, from every exchange
09-22 07:03ApeX OmniOther59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗