Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.4648spotno funding——$456K1xBuy Bybit Spot
SHORT0.4648+0.1695get 0.0847% / 4h3h 48m$2.3M$1.2M5xShort Bybit
Price gap−0.010%
Funding gap+0.1695% /8h

Funding trade: +$51 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$38+0.1695% /8h now · paid +0.382% over the last 7D
Price$0spread −0.010% now, avg −0.009% → 0.000% if it goes back
Costs−$4084.085% of $10k · taker + slippage, in and out
Result−$370−3.70%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.382% in total, about +0.0182%/8h on average.

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.010%
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

BR on 12 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size56.3 / 145.5 bp
    At $10k entering Bybit costs 145.5 bp, fee and slippage, 2.6× Bybit Spot’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: +$50.84Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$50.84.
  • Note: Gap at its usual level−0.010% vs −0.009%
    The price leg adds little either way.
  • Note: Spot has no open interest$2.3M 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+0.0182%/8h × 21 periods+$38.17
Price spread−0.010% → −0.009% (7d avg)−$0.03
Slippage, 4 orderslive order books−$377.46
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$370.33
Costs to cover4.085%Break-even74.9 days
Slippage: Bybit Spot: live order book, 12 min ago; Bybit: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot8.6456.3 bp−$56doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.81145.5 bp−$145doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

BR news

posts that mention BR, from every exchange
10-29 11:27ExtendedListingNow available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗
10-28 17:38ExtendedListingnew market BR-USD ($BR) seen by our collector
09-16 04:20SunXListingSunX New Listing is LIVE. $BR / USDT With up to 10X leverage 📈 @SunX_DEX on X ↗