Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04585 | spot | no funding | — | — | $968K | 1x | Buy Bybit Spot | |
| SHORT | 0.04581 | +0.0065 | get 0.0065% / 8h | 7h 44m | $7.6M | $5.5M | 50x | Short Bybit |
Price gap−0.087%
Funding gap+0.0065% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0065% /8h now · paid +0.087% over the last 7D
Price+$1spread −0.087% now, avg −0.096% → +0.009% if it goes back
Costs−$950.948% of $10k · taker + slippage, in and out
Result−$85−0.85%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.087%
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
/8hSEI on 26 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size43.9 / 10.9 bpAt $10k entering Bybit Spot costs 43.9 bp, fee and slippage, 4.0× 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: +$1.94Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$1.94.
- Note: Gap at its usual level−0.087% vs −0.096%The price leg adds little either way.
- Note: Spot has no open interest$7.6M 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+0.0041%/8h × 21 periods+$8.68
Price spread−0.087% → −0.096% (7d avg)+$0.86
Slippage, 4 orderslive order books−$63.82
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$85.28
Costs to cover0.948%Break-even75.8 days
Slippage: Bybit Spot: live order book, 16 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot3.3043.9 bp−$44doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.0910.9 bp−$1122.8 bp−$228doesn’t fitdoesn’t fit
Closing costs about the same again.

MEXC