Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01137 | spot | no funding | — | — | $118K | 1x | Buy Bybit Spot | |
| SHORT | 0.01136 | +0.0100 | get 0.0100% / 8h | 7h 44m | $3.0M | $799K | 75x | Short Bybit |
Price gap−0.132%
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+$2+0.0100% /8h now · paid +0.025% over the last 7D
Price+$1spread −0.132% now, avg −0.144% → +0.012% if it goes back
Costs−$1581.576% of $10k · taker + slippage, in and out
Result−$154−1.54%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.132%
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
/8hCHZ on 18 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size42.7 / 30.6 bpAt $10k entering Bybit Spot costs 42.7 bp, fee and slippage, 1.4× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $133The spot leg is bought with the whole $10k; Bybit runs at up to 75x. 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— / 8hThe spot leg pays no funding; Bybit settles every 8h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
- Note: Gap at its usual level−0.132% vs −0.144%The price leg adds little either way.
- Note: Spot has no open interest$3.0M 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+0.0012%/8h × 21 periods+$2.46
Price spread−0.132% → −0.144% (7d avg)+$1.22
Slippage, 4 orderslive order books−$126.61
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$153.94
Costs to cover1.576%Break-even445.7 days
Slippage: Bybit Spot: live order book, 31 min ago; Bybit: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot8.7842.7 bp−$43doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit4.4430.6 bp−$31134.7 bp−$1,347doesn’t fitdoesn’t fit
Closing costs about the same again.
