Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG6.9510spotno funding——$422K1xBuy Bybit Spot
SHORT6.9500−0.0049pay 0.0049% / 8h7h 48m$7.3M$4.0M75xShort Bybit
Price gap−0.014%
Funding gap−0.0049% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 3.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5−0.0049% /8h now · paid +0.048% over the last 7D
Price+$5spread −0.014% now, avg −0.062% → +0.048% if it goes back
Costs−$1691.688% of $10k · taker + slippage, in and out
Result−$159−1.59%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.014%
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

ETC on 22 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size113.9 / 14.4 bp
    At $10k entering Bybit Spot costs 113.9 bp, fee and slippage, 7.9× 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: −$1.47Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$1.47.
  • OK: Entry gap works for you−0.014% vs −0.062%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$7.3M 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+0.0023%/8h × 21 periods+$4.77
Price spread−0.014% → −0.062% (7d avg)+$4.76
Slippage, 4 orderslive order books−$137.76
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$159.23
Costs to cover1.688%Break-even240.8 days
Slippage: Bybit Spot: live order book, 11 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot0.73113.9 bp−$114doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.7214.4 bp−$1436.4 bp−$364doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ETC news

posts that mention ETC, from every exchange
10-13 08:00KuCoinOther"Sent" doesn't mean "received." A transaction can show up in your wallet as broadcast, yet still get rolled back if the chain reorganizes before it has enough confirmations—exactly what let an attacker drain an exchange in the ETC 2019 double-spend attack. Screenshots lie. Confirmations don't 👇 #KuCoin @kucoincom on X ↗