Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004178 | spot | no funding | — | — | $1.8M | 1x | Buy Bybit Spot | |
| SHORT | 0.004175 | +0.0100 | get 0.0050% / 4h | 1h 05m | $5.0M | $14.0M | 25x | Short Bybit |
Price gap−0.065%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.046% under its 7d average: −$5 if it goes back, about 37 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5+0.0100% /8h now · paid −0.046% over the last 7D
Price−$5spread −0.065% now, avg −0.018% → −0.046% if it goes back
Costs−$1061.057% of $10k · taker + slippage, in and out
Result−$115−1.15%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.065%
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
/8hBEAM on 8 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size28.6 / 21.6 bpAt $10k entering Bybit Spot costs 28.6 bp, fee and slippage, 1.3× Bybit’s.
- 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−0.065% vs −0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$5.0M 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−0.0022%/8h × 21 periods−$4.62
Price spread−0.065% → −0.018% (7d avg)−$4.61
Slippage, 4 orderslive order books−$74.75
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$114.98
Costs to cover1.057%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 10 min ago; Bybit: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.9528.6 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.9621.6 bp−$2276.5 bp−$765doesn’t fitdoesn’t fit
Closing costs about the same again.
