Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.5087spotno funding——$2.2M1xBuy Bybit Spot
SHORT0.5089+0.0100get 0.0050% / 4h3h 48m$20.4M$7.9M25xShort Bybit
Price gap+0.043%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.136% above its 7d average: +$14 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$12+0.0100% /8h now · paid +0.124% over the last 7D
Price+$14spread +0.043% now, avg −0.093% → +0.136% if it goes back
Costs−$1101.101% of $10k · taker + slippage, in and out
Result−$84−0.84%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.043%
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

GRASS on 16 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size37.3 / 17.2 bp
    At $10k entering Bybit Spot costs 37.3 bp, fee and slippage, 2.2× Bybit’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: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.043% vs −0.093%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$20.4M 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+0.0059%/8h × 21 periods+$12.35
Price spread+0.043% → −0.093% (7d avg)+$13.58
Slippage, 4 orderslive order books−$79.07
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$84.14
Costs to cover1.101%Break-even54.7 days
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot4.9437.3 bp−$3751.0 bp−$510doesn’t fitdoesn’t fit
SELL · SHORTBybit0.9917.2 bp−$1739.0 bp−$390doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

GRASS news

posts that mention GRASS, from every exchange
10-29 18:30OKXOtherA fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗