Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004533 | −0.0124 | get 0.0016% / 1h | 56m 34s | $101K | $1.6M | 40x | Long TxFlow5% off | |
| SHORT | 0.000004519 | +0.0100 | get 0.0100% / 8h | 7h 56m | $71.6M | $470.2M | 50x | Short Bybit |
Price gap−0.313%
Funding gap+0.0224% /8h
Funding pays +$7 a day on $10k, but the gap is 0.437% under its 7d average: −$44 if it goes back, about 6.5 days of funding. At the last 7 days' pace that is about 4 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0224% /8h now · paid +0.027% over the last 7D
Price−$44spread −0.313% now, avg +0.124% → −0.437% if it goes back
Costs−$450.453% of $10k · taker + slippage, in and out
Result−$86−0.86%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.027% in total, about +0.0013%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.313%
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 39 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books12.3 / 10.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$250 + $200TxFlow 40x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.72Long TxFlow: 24 payments, +$3.72; short Bybit: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.313% vs +0.124%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$101K vs $71.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0013%/8h × 21 periods+$2.66
Price spread−0.313% → +0.124% (7d avg)−$43.69
Slippage, 4 orderslive order books−$25.33
Fee TxFlow bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$86.36
Costs to cover0.453%Break-even233.9 days
Slippage: TxFlow: live order book, 1 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.1012.3 bp−$1228.3 bp−$283189.0 bp−$18.9Kdoesn’t fit
SELL · SHORTBybit1.1010.7 bp−$1121.4 bp−$21459.1 bp−$5,914doesn’t fit
Closing costs about the same again.
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