Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1398 | spot | no funding | — | — | $44K | 1x | Buy Bybit Spot | |
| SHORT | 0.1397 | −0.0358 | pay 0.0358% / 8h | 7h 44m | $1.5M | $805K | 75x | Short Bybit |
Price gap−0.089%
Funding gap−0.0358% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $11 a day and eats that in about 19 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$48−0.0358% /8h now · paid −0.478% over the last 7D
Price+$9spread −0.089% now, avg −0.174% → +0.085% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs−$39−0.39%no pointscosts unknown: no order book for Bybit Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.089%
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
/8hJST on 9 exchanges
lowest funding firstBefore you open
2 ok · 1 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 + $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: −$10.73Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$10.73.
- OK: Entry gap works for you−0.089% vs −0.174%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.5M 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−0.0228%/8h × 21 periods−$47.80
Price spread−0.089% → −0.174% (7d avg)+$8.51
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−$70.29
Costs to cover0.310%Break-evennever at this rate
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit1.4425.4 bp−$25115.9 bp−$1,159doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
