Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.004178spotno funding——$1.8M1xBuy Bybit Spot
SHORT0.004175+0.0100get 0.0050% / 4h1h 05m$5.0M$14.0M25xShort 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 forecast
Funding−$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 · history
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

/8h

BEAM on 8 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size28.6 / 21.6 bp
    At $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 + $400
    The 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— / 4h
    The 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 OI
    Only 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 Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 now

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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