Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.3099spotno funding——$564K1xBuy Bybit Spot
SHORT0.3103−0.0009pay 0.0004% / 4h3h 48m$3.9M$642K25xShort Bybit
Price gap+0.129%
Funding gap−0.0009% /8h

Funding is ≈ 0, so this is a price-spread trade: +$20 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$16−0.0009% /8h now · paid +0.159% over the last 7D
Price+$20spread +0.129% now, avg −0.070% → +0.199% if it goes back
Costs−$2872.869% of $10k · taker + slippage, in and out
Result−$251−2.51%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.129%
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

EDGE on 18 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size66.4 / 86.9 bp
    At $10k entering Bybit costs 86.9 bp, fee and slippage, 1.3× Bybit Spot’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The 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— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$0.27Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$0.27.
  • OK: Entry gap works for you+0.129% vs −0.070%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$3.9M 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+0.0076%/8h × 21 periods+$15.87
Price spread+0.129% → −0.070% (7d avg)+$19.87
Slippage, 4 orderslive order books−$255.94
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$251.19
Costs to cover2.869%Break-even117.8 days
Slippage: Bybit Spot: live order book, 12 min ago; Bybit: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot4.8666.4 bp−$66doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit6.4986.9 bp−$87386.6 bp−$3,866doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

EDGE news

posts that mention EDGE, from every exchange
11-03 01:05LighterListingEDGE no longer reported ($EDGE) seen by our collector
10-13 02:51edgeXContestedgeX × Arc Genesis 3 days left to unlock Triple Rewards: • 5,000 $EDGE Airdrop Package + 3% APR • Up to 500,000 USDC trading prize pool • Position Airdrop Register. Trade on Arc. Unlock more. @edgeX_exchange on X ↗
09-28 13:01GRVTListingEDGE_USDT_Perp no longer reported ($EDGE) seen by our collector
09-24 12:34edgeXTokenThe first $EDGE Airdrop Packages have been distributed to eligible edgeX Arc Genesis users. Trade to unlock 3%–5% of eligible fees, while earning 3% APR daily on your full Airdrop Package. Register now. Trade on Arc. Unlock $EDGE. @edgeX_exchange on X ↗