Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1745 | spot | no funding | — | — | $106K | 1x | Buy Bybit Spot | |
| SHORT | 3.1770 | −0.0008 | pay 0.0004% / 4h | 3h 43m | $1.7M | $1.8M | 50x | Short Bybit |
Price gap+0.079%
Funding gap−0.0008% /8h
Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0008% /8h now · paid −0.073% over the last 7D
Price+$5spread +0.079% now, avg +0.032% → +0.047% if it goes back
Costs−$2,46024.598% of $10k · taker + slippage, in and out
Result−$2,462−24.62%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.079%
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
/8hORDI on 17 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size2115.3 / 21.6 bpAt $10k entering Bybit Spot costs 2115.3 bp, fee and slippage, 97.9× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Bybit runs at up to 50x. 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: −$0.23Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$0.23.
- OK: Entry gap works for you+0.079% vs +0.032%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.7M 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−0.0035%/8h × 21 periods−$7.31
Price spread+0.079% → +0.032% (7d avg)+$4.72
Slippage, 4 orderslive order books−$2,428.83
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$2,462.42
Costs to cover24.598%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 14 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot4.802115.3 bp−$2,115doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.5821.6 bp−$2296.1 bp−$961doesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC