Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0420 | spot | no funding | — | — | $415K | 1x | Buy Bybit Spot | |
| SHORT | 3.0465 | +0.0100 | get 0.0100% / 8h | 7h 44m | $1.4M | $639K | 75x | Short 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 forecastFunding−$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 · historyPrice spread
Prices
Fundingper 8h
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
/8hAR on 16 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size69.2 / 51.3 bpAt $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 + $133The 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— / 8hThe 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 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−0.0016%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
AR news
posts that mention AR, from every exchange| 09-22 07:03 | ApeX Omni | Other | 59 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 ↗ |

ApeX Omni