Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8272 | spot | no funding | — | — | $61K | 1x | Buy Bybit Spot | |
| SHORT | 0.8239 | −0.0560 | pay 0.0560% / 8h | 7h 39m | $1.5M | $1.4M | 75x | Short Bybit |
Price gap−0.393%
Funding gap−0.0560% /8h
Both sides work against this pair now: funding costs $17 a day on $10k and the gap is 0.330% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1−0.0560% /8h now · paid +0.014% over the last 7D
Price−$33spread −0.393% now, avg −0.063% → −0.330% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs−$32−0.32%no pointscosts unknown: no order book for Bybit Spot ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.014% in total, about +0.0007%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.393%
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
/8hAXS on 19 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bybit Spot: its slippage is not counted.
- 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: −$16.79Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$16.79.
- Watch: Gap narrower than usual−0.393% vs −0.063%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.5M 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+0.0007%/8h × 21 periods+$1.39
Price spread−0.393% → −0.063% (7d avg)−$32.99
Slippage, 4 ordersno data for Bybit Spot—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$62.60
Costs to cover0.310%Break-even322.5 days
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit1.2236.6 bp−$37201.1 bp−$2,011doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
AXS news
posts that mention AXS, from every exchange| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
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