Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004736 | spot | no funding | — | — | $22.7M | 1x | Buy Bybit Spot | |
| SHORT | 0.000004727 | +0.0100 | get 0.0100% / 8h | 7h 46m | $56.4M | $124.9M | 50x | Short Bybit |
Price gap−0.186%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.145% under its 7d average: −$15 if it goes back, about 4.8 days of funding. At the last 7 days' pace that is about 15 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0100% /8h now · paid +0.067% over the last 7D
Price−$15spread −0.186% now, avg −0.041% → −0.145% if it goes back
Costs−$500.496% of $10k · taker + slippage, in and out
Result−$57−0.57%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.186%
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
/8hPEPE on 38 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size21.1 / 8.8 bpAt $10k entering Bybit Spot costs 21.1 bp, fee and slippage, 2.4× 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— / 8hThe spot leg pays no funding; Bybit settles every 8h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.186% vs −0.041%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$56.4M 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+0.0032%/8h × 21 periods+$6.67
Price spread−0.186% → −0.041% (7d avg)−$14.52
Slippage, 4 orderslive order books−$18.63
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$57.47
Costs to cover0.496%Break-even67.3 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot1.0721.1 bp−$2144.8 bp−$448doesn’t fitdoesn’t fit
SELL · SHORTBybit1.078.8 bp−$913.7 bp−$13733.4 bp−$3,343doesn’t fit
Closing costs about the same again.
PEPE news
posts that mention PEPE, from every exchange| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-22 06:00 | KuCoin | Other | Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗ |
| 09-28 17:53 | Phoenix | Listing | Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kPEPE ($PEPE) seen by our collector |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |

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