Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.006407 | +0.0100 | pay 0.0050% / 4h | 1h 17m | $71.0M | $94.0M | 75x | Long Bybit | |
| SHORT | 0.006398 | +0.0104 | get 0.0013% / 1h | 17m 52s | $5.1M | $3.2M | 50x | Short Extended10% off |
Price gap−0.134%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.116% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$24+0.0004% /8h now · paid +0.239% over the last 7D
Price−$12spread −0.134% now, avg −0.018% → −0.116% if it goes back
Costs−$330.328% of $10k · taker + slippage, in and out
Result−$21−0.21%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.134%
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
/8hPUMP on 47 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books11.1 / 6.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200Bybit 75x, Extended 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Bybit: 6 payments, −$3.00; short Extended: 24 payments, +$3.12.
- Watch: Gap narrower than usual−0.134% vs −0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$5.1M vs $71.0M OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · Extended NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0114%/8h × 21 periods+$23.85
Price spread−0.134% → −0.018% (7d avg)−$11.64
Slippage, 4 orderslive order books−$16.77
Fee Bybit bp × 2 orders−$11.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$20.55
Costs to cover0.328%Break-even13.0 days
Slippage: Bybit: live order book, 3 min ago; Extended: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.7811.1 bp−$1117.1 bp−$17150.8 bp−$5,077doesn’t fit
SELL · SHORTExtended0.786.3 bp−$614.2 bp−$142doesn’t fitdoesn’t fit
Closing costs about the same again.
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