Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09610 | spot | no funding | — | — | $888K | 1x | Buy Bybit Spot | |
| SHORT | 0.09610 | +0.0100 | get 0.0050% / 4h | 3h 10m | $1.5M | $1.0M | 25x | Short Bybit |
Price gap0.000%
Funding gap+0.0100% /8h
Funding trade: +$3 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$0+0.0100% /8h now · paid −0.001% over the last 7D
Price$0spread 0.000% now, avg −0.005% → +0.005% if it goes back
Costs−$2872.872% of $10k · taker + slippage, in and out
Result−$287−2.87%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now0.000%
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
/8hCFG on 12 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size64.0 / 87.9 bpAt $10k entering Bybit costs 87.9 bp, fee and slippage, 1.4× Bybit Spot’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.
- Note: Gap at its usual level0.000% vs −0.005%The price leg adds little either way.
- Note: Spot has no open interest$1.5M 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 earned0.0000%/8h × 21 periods−$0.06
Price spread0.000% → −0.005% (7d avg)+$0.50
Slippage, 4 orderslive order books−$256.15
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$286.72
Costs to cover2.872%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 5 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot10.3864.0 bp−$64doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit10.3887.9 bp−$88doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
