Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.05730spotno funding——$256K1xBuy Bybit Spot
SHORT0.05737+0.0100get 0.0050% / 4h2h 00m$1.7M$1.5M25xShort Bybit
Price gap+0.122%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.164% above its 7d average: +$16 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5+0.0100% /8h now · paid +0.051% over the last 7D
Price+$16spread +0.122% now, avg −0.042% → +0.164% if it goes back
Costs−$3,06130.615% of $10k · taker + slippage, in and out
Result−$3,040−30.40%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.122%
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

LA on 12 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size1637.2 / 24.3 bp
    At $10k entering Bybit Spot costs 1637.2 bp, fee and slippage, 67.3× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The 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— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.122% vs −0.042%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.7M OI
    Only 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 Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0025%/8h × 21 periods+$5.15
Price spread+0.122% → −0.042% (7d avg)+$16.39
Slippage, 4 orderslive order books−$3,030.48
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$3,039.95
Costs to cover30.615%Break-even4139.4 days
Slippage: Bybit Spot: live order book, 43 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot9.571637.2 bp−$1,637doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.8724.3 bp−$24196.4 bp−$1,964doesn’t fitdoesn’t fit

Closing costs about the same again.

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