Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001554 | spot | no funding | — | — | $394K | 1x | Buy Bybit Spot | |
| SHORT | 0.001553 | +0.0100 | get 0.0100% / 8h | 7h 44m | $3.1M | $5.3M | 75x | Short Bybit |
Price gap−0.064%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0100% /8h now · paid +0.150% over the last 7D
Price+$4spread −0.064% now, avg −0.102% → +0.037% if it goes back
Costs−$1381.376% of $10k · taker + slippage, in and out
Result−$119−1.19%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.064%
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
/8hGALA on 14 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size59.0 / 12.9 bpAt $10k entering Bybit Spot costs 59.0 bp, fee and slippage, 4.6× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $133The 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— / 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.
- OK: Entry gap works for you−0.064% vs −0.102%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$3.1M OIOnly 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 YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0072%/8h × 21 periods+$15.05
Price spread−0.064% → −0.102% (7d avg)+$3.75
Slippage, 4 orderslive order books−$106.62
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$118.82
Costs to cover1.376%Break-even62.3 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot6.5559.0 bp−$59doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.2212.9 bp−$1340.0 bp−$400doesn’t fitdoesn’t fit
Closing costs about the same again.
GALA news
posts that mention GALA, from every exchange| 09-29 05:04 | Gate | Other | History deserves a stage. And this one is yours to witness. Join us at the GATE GALA AWARDS CEREMONY as we celebrate the voices, stories, and partners shaping the next chapter of Money. Oct 8, 2026 | Raffles Hotel Singapore 18:00–22:00 You’re invited to witness history: @Gate on X ↗ |
| 09-29 05:00 | Gate | Other | History deserves a stage. And this one is yours to witness. Join us at the GATE GALA AWARDS CEREMONY as we celebrate the voices, stories, and partners shaping the next chapter of Money. Oct 8, 2026 | Raffles Hotel Singapore 18:00–22:00 You’re invited to witness history: @Gate on X ↗ |

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