Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.4785 | spot | no funding | — | — | $745K | 1x | Buy Bybit Spot | |
| SHORT | 2.4750 | +0.0071 | get 0.0071% / 8h | 7h 46m | $12.3M | $6.5M | 75x | Short Bybit |
Price gap−0.141%
Funding gap+0.0071% /8h
Funding pays +$2 a day on $10k, but the gap is 0.068% under its 7d average: −$7 if it goes back, about 3.2 days of funding. At the last 7 days' pace that is about 19 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0071% /8h now · paid +0.025% over the last 7D
Price−$7spread −0.141% now, avg −0.073% → −0.068% if it goes back
Costs−$1021.021% of $10k · taker + slippage, in and out
Result−$106−1.06%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.141%
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
/8hICP on 28 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size41.2 / 9.6 bpAt $10k entering Bybit Spot costs 41.2 bp, fee and slippage, 4.3× 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: +$2.12Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$2.12.
- Watch: Gap narrower than usual−0.141% vs −0.073%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$12.3M 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+0.0012%/8h × 21 periods+$2.52
Price spread−0.141% → −0.073% (7d avg)−$6.80
Slippage, 4 orderslive order books−$71.08
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$106.36
Costs to cover1.021%Break-even302.7 days
Slippage: Bybit Spot: live order book, 14 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot4.0741.2 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.039.6 bp−$1026.5 bp−$265doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly