Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02769 | spot | no funding | — | — | $64K | 1x | Buy Bybit Spot | |
| SHORT | 0.02772 | −0.0676 | pay 0.0676% / 8h | 6h 00m | $661K | $206K | 25x | Short Bybit |
Price gap+0.090%
Funding gap−0.0676% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $20 a day and eats that in about 10 hours. At the last 7 days' pace that is about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0676% /8h now · paid −0.051% over the last 7D
Price+$8spread +0.090% now, avg +0.007% → +0.084% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$3+0.03%no pointscosts unknown: no order book for Bybit Spot ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.051% in total, about −0.0024%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.090%
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
/8hID on 10 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bybit Spot: its slippage is not counted.
- Note: Spot in full, margin on the short$10,000 + $400The 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— / 8hThe spot leg pays no funding; Bybit settles every 8h.Next 24h at the current rates, on $10k a leg: −$20.28Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$20.28.
- OK: Entry gap works for you+0.090% vs +0.007%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$661K 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−0.0024%/8h × 21 periods−$5.11
Price spread+0.090% → +0.007% (7d avg)+$8.37
Slippage, 4 ordersno data for Bybit Spot—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$27.74
Costs to cover0.310%Break-evennever at this rate
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit5.4128.9 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
TxFlow