Funding arb · Price arb / Crypto
LAYER
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06477 | +0.0100 | pay 0.0050% / 4h | 3h 59m | $897K | $287K | 25x | Long Bybit | |
| SHORT | 0.06457 | +0.0104 | get 0.0013% / 1h | 59m 15s | $959 | $173K | 5x | Short Extended10% off |
Price gap−0.302%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.076% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10+0.0004% /8h now · paid −0.097% over the last 7D
Price−$8spread −0.302% now, avg −0.226% → −0.076% if it goes back
Costs−$1321.319% of $10k · taker + slippage, in and out
Result−$149−1.49%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.302%
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
/8hLAYER on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size42.3 / 28.4 bpAt $10k entering Bybit costs 42.3 bp, fee and slippage, 1.5× Extended’s.
- Note: Margin at max leverage$400 + $2,000Bybit 25x, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Bybit: 6 payments, −$3.00; short Extended: 24 payments, +$3.12.
- Watch: Gap narrower than usual−0.302% vs −0.226%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$959 vs $897K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · Extended NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0046%/8h × 21 periods−$9.71
Price spread−0.302% → −0.226% (7d avg)−$7.61
Slippage, 4 orderslive order books−$115.88
Fee Bybit bp × 2 orders−$11.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$149.20
Costs to cover1.319%Break-evennever at this rate
Slippage: Bybit: live order book, 55 min ago; Extended: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit7.0042.3 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTExtended3.9728.4 bp−$28184.7 bp−$1,847doesn’t fitdoesn’t fit
Closing costs about the same again.