Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1352 | spot | no funding | — | — | $443K | 1x | Buy Bybit Spot | |
| SHORT | 0.1354 | −0.0069 | pay 0.0034% / 4h | 3h 44m | $2.3M | $6.5M | 25x | Short Bybit |
Price gap+0.166%
Funding gap−0.0069% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 39 hours. At the last 7 days' pace that is about 15 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36−0.0069% /8h now · paid −0.364% over the last 7D
Price+$3spread +0.166% now, avg +0.133% → +0.033% if it goes back
Costs−$2322.321% of $10k · taker + slippage, in and out
Result−$265−2.65%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.166%
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
/8hINIT on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size51.4 / 65.6 bpAt $10k entering Bybit costs 65.6 bp, fee and slippage, 1.3× Bybit Spot’s.
- 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— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: −$2.07Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$2.07.
- OK: Entry gap works for you+0.166% vs +0.133%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$2.3M 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−0.0173%/8h × 21 periods−$36.40
Price spread+0.166% → +0.133% (7d avg)+$3.33
Slippage, 4 orderslive order books−$201.13
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$265.20
Costs to cover2.321%Break-evennever at this rate
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 Spot4.8651.4 bp−$51doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.8565.6 bp−$66210.8 bp−$2,108doesn’t fitdoesn’t fit
Closing costs about the same again.
INIT news
posts that mention INIT, from every exchange| 10-29 06:18 | KuCoin | Other | 24H Top 5 Gainers on #KuCoin (October 29, 2026) 1. XMN - $0.0006113 (+96.97%) 2. EVAA - $1.43 (+50.65%) 3. INIT - $0.2597 (+50.82%) 4. EYWA - $0.000649 (+37.27%) 5. Q - $0.07211 (+30.20%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗ |
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