Settings8H · net · $10k
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Funding arb · Price arb / Crypto

H

All H markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotHUSDT
0.04974spotno funding——$257K1xBuy Bybit Spot
SHORT
BybitHUSDT
0.04974+0.0100get 0.0050% / 4h3h 44m$5.7M$1.5M12.5xShort Bybit
Price gap−0.004%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.066% above its 7d average: +$7 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price+$7spread −0.004% now, avg −0.070% → +0.066% if it goes back
Costs−$2532.529% of $10k · taker + slippage, in and out
Result−$225−2.25%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.004%
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

H on 13 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size114.4 / 32.8 bp
    At $10k entering Bybit Spot costs 114.4 bp, fee and slippage, 3.5× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $800
    The spot leg is bought with the whole $10k; Bybit runs at up to 12.5x. 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−0.004% vs −0.070%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$5.7M 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+0.0100%/8h × 21 periods+$21.00
Price spread−0.004% → −0.070% (7d avg)+$6.55
Slippage, 4 orderslive order books−$221.91
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$225.36
Costs to cover2.529%Break-even82.1 days
Slippage: Bybit Spot: live order book, 14 min ago; Bybit: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot9.16114.4 bp−$114doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.0132.8 bp−$33251.8 bp−$2,518doesn’t fitdoesn’t fit

Closing costs about the same again.

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