Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.003961spotno funding——$9.8M1xBuy Bybit Spot
SHORT0.003960−0.0208pay 0.0104% / 4h3h 48m$35.0M$47.1M75xShort Bybit
Price gap−0.038%
Funding gap−0.0208% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 18 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$14−0.0208% /8h now · paid +0.141% over the last 7D
Price+$5spread −0.038% now, avg −0.085% → +0.047% if it goes back
Costs−$580.579% of $10k · taker + slippage, in and out
Result−$39−0.39%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.141% in total, about +0.0067%/8h on average.

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.038%
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

/8h

PUMP on 48 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size18.7 / 11.1 bp
    At $10k entering Bybit Spot costs 18.7 bp, fee and slippage, 1.7× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Bybit runs at up to 75x. 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— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$6.24Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$6.24.
  • OK: Entry gap works for you−0.038% vs −0.085%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$35.0M OI
    Only 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 Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0067%/8h × 21 periods+$14.13
Price spread−0.038% → −0.085% (7d avg)+$4.73
Slippage, 4 orderslive order books−$26.87
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$39.01
Costs to cover0.579%Break-even26.3 days
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot1.2718.7 bp−$1950.3 bp−$503doesn’t fitdoesn’t fit
SELL · SHORTBybit1.2811.1 bp−$1120.3 bp−$20373.2 bp−$7,321doesn’t fit

Closing costs about the same again.

Alert

PUMP news

posts that mention PUMP, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
10-31 16:14DeriveContestOctober at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-29 16:57Katana PerpsListingnew market PUMP-USD ($PUMP) seen by our collector
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-23 09:05ReyaListingnew market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29DeriveListing$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗