Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.007548 | spot | no funding | — | — | $123K | 1x | Buy Bybit Spot | |
| SHORT | 0.007545 | +0.0100 | get 0.0050% / 4h | 2h 03m | $537K | $146K | 25x | Short Bybit |
Price gap−0.033%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.064% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price+$6spread −0.033% now, avg −0.097% → +0.064% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$27+0.27%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.033%
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
/8hMOCA on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size3469.2 / 39.3 bpAt $10k entering Bybit Spot costs 3469.2 bp, fee and slippage, 88.3× Bybit’s.
- 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— / 4hThe 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−0.033% vs −0.097%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$537K OIBybit sets your exit cost. Check its book before closing.
- 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+0.0100%/8h × 21 periods+$21.00
Price spread−0.033% → −0.097% (7d avg)+$6.40
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Bybit Spot: live order book, 55 min ago; Bybit: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.283469.2 bp−$3,469doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit5.2939.3 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
