Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.00004015 | spot | no funding | — | — | $76K | 1x | Buy Bybit Spot | |
| SHORT | 0.00003992 | −0.2366 | pay 0.2366% / 8h | 7h 46m | $1.2M | $268K | 25x | Short Bybit |
Price gap−0.560%
Funding gap−0.2366% /8h
The gap pays +$40 on $10k if it goes back to its 7d average, but funding costs $71 a day and eats that in about 14 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$44−0.2366% /8h now · paid +0.444% over the last 7D
Price+$40spread −0.560% now, avg −0.963% → +0.403% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$85+0.85%no pointscosts unknown: no order book for Bybit Spot ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.444% in total, about +0.0211%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.560%
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
/8hLUNC on 11 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 + $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— / 8hThe spot leg pays no funding; Bybit settles every 8h.Next 24h at the current rates, on $10k a leg: −$70.98Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$70.98.
- OK: Entry gap works for you−0.560% vs −0.963%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.2M 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+0.0211%/8h × 21 periods+$44.36
Price spread−0.560% → −0.963% (7d avg)+$40.29
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+$53.65
Costs to cover0.310%Break-evenfrom the start
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit2.5169.4 bp−$69139.5 bp−$1,395doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
Injective