Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.9062spotno funding——$1.9M1xBuy Bybit Spot
SHORT0.9055+0.0100get 0.0100% / 8h7h 48m$17.9M$17.7M75xShort Bybit
Price gap−0.077%
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 forecast
Funding+$5+0.0100% /8h now · paid +0.054% over the last 7D
Price+$1spread −0.077% now, avg −0.089% → +0.012% if it goes back
Costs−$800.800% of $10k · taker + slippage, in and out
Result−$73−0.73%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.077%
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

DOT on 28 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size29.3 / 10.6 bp
    At $10k entering Bybit Spot costs 29.3 bp, fee and slippage, 2.8× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The 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— / 8h
    The 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−0.077% vs −0.089%
    The price leg adds little either way.
  • Note: Spot has no open interest$17.9M 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+0.0026%/8h × 21 periods+$5.44
Price spread−0.077% → −0.089% (7d avg)+$1.19
Slippage, 4 orderslive order books−$49.03
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$73.40
Costs to cover0.800%Break-even101.4 days
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot2.2329.3 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.1110.6 bp−$1122.6 bp−$226175.1 bp−$17.5Kdoesn’t fit

Closing costs about the same again.

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