Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.02499spotno funding——$892K1xBuy Bybit Spot
SHORT0.02494−0.0220pay 0.0110% / 4h2h 03m$3.1M$5.6M5xShort Bybit
Price gap−0.188%
Funding gap−0.0220% /8h

The gap pays +$40 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 6.0 days. At the last 7 days' pace that is about 6 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1,161−0.0220% /8h now · paid −11.605% over the last 7D
Price+$40spread −0.188% now, avg −0.585% → +0.397% if it goes back
Costs−$2552.549% of $10k · taker + slippage, in and out
Result−$1,376−13.76%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.188%
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

BMT on 8 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size95.3 / 62.7 bp
    At $10k entering Bybit Spot costs 95.3 bp, fee and slippage, 1.5× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $2,000
    The spot leg is bought with the whole $10k; Bybit runs at up to 5x. 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: −$6.61Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$6.61.
  • OK: Entry gap works for you−0.188% vs −0.585%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$3.1M 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−0.5526%/8h × 21 periods−$1,160.51
Price spread−0.188% → −0.585% (7d avg)+$39.66
Slippage, 4 orderslive order books−$223.90
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$1,375.74
Costs to cover2.549%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 57 min ago; Bybit: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot4.0495.3 bp−$95doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.2162.7 bp−$63135.0 bp−$1,350doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

BMT news

posts that mention BMT, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗