Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01288 | spot | no funding | — | — | $1.1M | 1x | Buy Bybit Spot | |
| SHORT | 0.01287 | +0.0100 | get 0.0050% / 4h | 8m 14s | $333K | $484K | 5x | Short Bybit |
Price gap−0.039%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.020% under its 7d average: −$2 if it goes back, about 16 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36+0.0100% /8h now · paid −0.362% over the last 7D
Price−$2spread −0.039% now, avg −0.019% → −0.020% if it goes back
Costs−$1801.796% of $10k · taker + slippage, in and out
Result−$218−2.18%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.039%
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
/8hDBR on 2 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size44.3 / 37.5 bpAt $10k entering Bybit Spot costs 44.3 bp, fee and slippage, 1.2× Bybit’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: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.039% vs −0.019%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$333K OIBybit sets your exit cost. Check its book before closing.
- 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−0.0172%/8h × 21 periods−$36.18
Price spread−0.039% → −0.019% (7d avg)−$2.00
Slippage, 4 orderslive order books−$148.62
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$217.80
Costs to cover1.796%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 10 min ago; Bybit: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot3.8944.3 bp−$44doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.9037.5 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

MEXC