Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2068 | −0.0077 | get 0.0039% / 4h | 3h 57m | $79.1M | $107.7M | 75x | Long Bybit | |
| SHORT | 0.2067 | +0.0201 | get 0.0025% / 1h | 57m 58s | $197K | $182K | 10x | Short RISExInvite |
Price gap−0.065%53s
Funding gap+0.0278% /8h
Funding trade: +$8 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−$6+0.0278% /8h now · paid −0.062% over the last 7D
Price—spread −0.065%53s now · prices read too far apart to compare
Costs−$250.252% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.062% in total, about −0.0030%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.065%
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
/8hENA on 45 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books8.0 / 5.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $1,000Bybit 75x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.34Long Bybit: 6 payments, +$2.31; short RISEx: 24 payments, +$6.02.
- Watch: Prices read 53 s apart−0.065% vs −0.082%Part of this gap may be the market moving.
- Watch: Short leg is thinner$197K vs $79.1M OIRISEx sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · RISEx NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0030%/8h × 21 periods−$6.21
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$8.21
Fee Bybit bp × 2 orders−$11.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$31.42
price spread not counted: prices read too far apartCosts to cover0.252%Break-evennever at this rate
Slippage: Bybit: live order book, 5 min ago; RISEx: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.248.0 bp−$813.8 bp−$13834.7 bp−$3,468doesn’t fit
SELL · SHORTRISEx2.195.2 bp−$531.4 bp−$314doesn’t fitdoesn’t fit
Closing costs about the same again.
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