Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.04082+0.0251pay 0.0125% / 4h3h 58m$3.7M$775K25xLong Binance
SHORT0.04083+0.0100get 0.0050% / 4h3h 58m$1.3M$259K20xShort Bybit
Price gap+0.012%
Funding gap−0.0151% /8h

The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 44 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$28−0.0151% /8h now · paid −0.281% over the last 7D
Price+$8spread +0.012% now, avg −0.071% → +0.083% if it goes back
Costs−$1911.906% of $10k · taker + slippage, in and out
Result−$210−2.10%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.012%
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

JELLYJELLY on 9 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size45.0 / 57.6 bp
    At $10k entering Bybit costs 57.6 bp, fee and slippage, 1.3× Binance’s.
  • Note: Margin at max leverage$400 + $500
    Binance 25x, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$4.52Long Binance: 6 payments, −$7.52; short Bybit: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.012% vs −0.071%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Short leg is thinner$1.3M vs $3.7M OI
    Both legs are deep; Bybit is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bybit Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0134%/8h × 21 periods−$28.10
Price spread+0.012% → −0.071% (7d avg)+$8.32
Slippage, 4 orderslive order books−$169.58
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$210.36
Costs to cover1.906%Break-evennever at this rate
Slippage: Binance: live order book, 15 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance2.4545.0 bp−$45471.3 bp−$4,713doesn’t fitdoesn’t fit
SELL · SHORTBybit3.6757.6 bp−$58doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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