Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2610 | −0.6986 | get 0.3493% / 4h | 1h 50m | $893K | $4.6M | 20x | Long Bybit | |
| SHORT | 0.2596 | −0.8162 | pay 0.4081% / 4h | 1h 50m | $274K | $1.1M | 20x | Short Gate |
Price gap−0.536%
Funding gap−0.1176% /8h
The gap pays +$25 on $10k if it goes back to its 7d average, but funding costs $35 a day and eats that in about 17 hours. At the last 7 days' pace that is about 39 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.1176% /8h now · paid −0.040% over the last 6 hours (all we have)
Price+$25spread −0.536% now, avg −0.786% → +0.249% if it goes back
Costs−$5755.752% of $10k · taker + slippage, in and out
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−0.536%
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
/8hAXIS on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size103.7 / 161.6 bpAt $10k entering Gate costs 161.6 bp, fee and slippage, 1.6× Bybit’s.
- Note: Margin at max leverage$500 + $500Bybit 20x, Gate 20x. 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: −$35.27Long Bybit: 6 payments, +$209.59; short Gate: 6 payments, −$244.86.
- OK: Entry gap works for you−0.536% vs −0.786%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$274K vs $893K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Gate YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0514%/8h × 21 periods−$107.93
Price spread−0.536% → −0.786% (7d avg)+$24.92
Slippage, 4 orderslive order books−$549.21
Fee Bybit bp × 2 orders−$11.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$658.22
Costs to cover5.752%Break-evennever at this rate
Slippage: Bybit: live order book, 2 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.91103.7 bp−$104505.5 bp−$5,055doesn’t fitdoesn’t fit
SELL · SHORTGate15.43161.6 bp−$162doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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