Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01548 | spot | no funding | — | — | $82K | 1x | Buy Bybit Spot | |
| SHORT | 0.01546 | −0.0360 | pay 0.0180% / 4h | 3h 48m | $577K | $275K | 50x | Short Bybit |
Price gap−0.129%
Funding gap−0.0360% /8h
Both sides work against this pair now: funding costs $11 a day on $10k and the gap is 0.055% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$123−0.0360% /8h now · paid −1.230% over the last 7D
Price−$5spread −0.129% now, avg −0.075% → −0.055% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs−$128−1.28%no pointscosts unknown: no order book for Bybit Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.129%
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
/8hSUN on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Bybit Spot: its slippage is not counted.
- 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— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: −$10.81Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$10.81.
- Watch: Gap narrower than usual−0.129% vs −0.075%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$577K OIBybit sets your exit cost. Check its book before closing.
- 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−0.0586%/8h × 21 periods−$122.97
Price spread−0.129% → −0.075% (7d avg)−$5.45
Slippage, 4 ordersno data for Bybit Spot—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$159.42
Costs to cover0.310%Break-evennever at this rate
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit9.7435.0 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.