Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005713 | spot | no funding | — | — | $83K | 1x | Buy Bybit Spot | |
| SHORT | 0.005706 | −0.0315 | pay 0.0158% / 4h | 2h 00m | $753K | $273K | 25x | Short Bybit |
Price gap−0.131%
Funding gap−0.0315% /8h
Both sides work against this pair now: funding costs $9 a day on $10k and the gap is 0.146% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0315% /8h now · paid −0.015% over the last 7D
Price−$15spread −0.131% now, avg +0.015% → −0.146% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs−$16−0.16%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 −0.015% in total, about −0.0007%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.131%
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
/8hMOVE on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 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— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: −$9.45Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$9.45.
- Watch: Gap narrower than usual−0.131% vs +0.015%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$753K 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−0.0007%/8h × 21 periods−$1.48
Price spread−0.131% → +0.015% (7d avg)−$14.64
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−$47.12
Costs to cover0.310%Break-evennever at this rate
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit7.8553.0 bp−$53doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
