Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4648 | spot | no funding | — | — | $456K | 1x | Buy Bybit Spot | |
| SHORT | 0.4648 | +0.1695 | get 0.0847% / 4h | 3h 48m | $2.3M | $1.2M | 5x | Short 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 forecastFunding+$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 · historyPrice spread
Prices
Fundingper 8h
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
/8hBR on 12 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size56.3 / 145.5 bpAt $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 + $2,000The 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— / 4hThe 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 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+0.0182%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
BR news
posts that mention BR, from every exchange| 10-29 11:27 | Extended | Listing | Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗ |
| 10-28 17:38 | Extended | Listing | new market BR-USD ($BR) seen by our collector |
| 09-16 04:20 | SunX | Listing | SunX New Listing is LIVE. $BR / USDT With up to 10X leverage 📈 @SunX_DEX on X ↗ |

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