Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005880 | spot | no funding | — | — | $225K | 1x | Buy Bybit Spot | |
| SHORT | 0.005867 | +0.0100 | get 0.0100% / 8h | 6h 02m | $983K | $425K | 20x | Short Bybit |
Price gap−0.213%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.032% under its 7d average: −$3 if it goes back, about 26 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0100% /8h now · paid +0.149% over the last 7D
Price−$3spread −0.213% now, avg −0.180% → −0.032% if it goes back
Costs−$1521.524% of $10k · taker + slippage, in and out
Result−$141−1.41%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.213%
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
/8hFLR on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size40.8 / 39.8 bpAt $10k entering Bybit Spot costs 40.8 bp, fee and slippage, 1.0× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; Bybit runs at up to 20x. 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— / 8hThe 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.
- Watch: Gap narrower than usual−0.213% vs −0.180%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$983K 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+0.0071%/8h × 21 periods+$14.90
Price spread−0.213% → −0.180% (7d avg)−$3.22
Slippage, 4 orderslive order books−$121.44
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$140.76
Costs to cover1.524%Break-even73.1 days
Slippage: Bybit Spot: live order book, 41 min ago; Bybit: live order book, 66 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.1140.8 bp−$4193.7 bp−$937doesn’t fitdoesn’t fit
SELL · SHORTBybit0.8539.8 bp−$40doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
