Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004910 | spot | no funding | — | — | $962K | 1x | Buy Bybit Spot | |
| SHORT | 0.004898 | +0.0100 | get 0.0050% / 4h | 3h 44m | $3.6M | $2.3M | 25x | Short Bybit |
Price gap−0.244%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.033% under its 7d average: −$3 if it goes back, about 26 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0100% /8h now · paid +0.105% over the last 7D
Price−$3spread −0.244% now, avg −0.212% → −0.033% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$7+0.07%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
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
/8hATH on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Bybit Spot’s order book right now.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. 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— / 4hThe 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 −0.212%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$3.6M 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+0.0050%/8h × 21 periods+$10.55
Price spread−0.244% → −0.212% (7d avg)−$3.28
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Bybit Spot: live order book, 31 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.0233.2 bp−$33256.1 bp−$2,561doesn’t fitdoesn’t fit
Closing costs about the same again.
ATH news
posts that mention ATH, from every exchange| 10-30 14:48 | Paradex | Other | Another ATH for options DAUs in October 🔥 Best-in-class liquidity, Paradex RFQ @paradex on X ↗ |
| 10-14 03:03 | MEXC | Other | Apple’s AI-home push lands as $AAPL hits a fresh ATH and tests $5T. 👀 New growth engine, or just more mega-cap momentum? @MEXC on X ↗ |
| 10-06 16:00 | MEXC | Other | S&P hits a fresh ATH. 👀 We’re so back or too soon? @MEXC on X ↗ |
| 10-06 02:44 | MEXC | Other | $NVDA just hit a fresh ATH with the 10Y at ~5.31%. 👀 Nasdaq hit a record too. Do yields finally bite, or does tech keep running? @MEXC on X ↗ |
| 10-05 17:35 | Paradex | Other | New ATH in weekly volume on Paradex options 🔥 @paradex on X ↗ |
| 10-05 12:38 | RISEx | Listing | September has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗ |
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