Funding arb · Price arb / Crypto
SUSHI
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1785 | spot | no funding | — | — | $65K | 1x | Buy Bybit Spot | |
| SHORT | 0.1782 | +0.0100 | get 0.0100% / 8h | 6h 02m | $1.6M | $542K | 75x | Short Bybit |
Price gap−0.157%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.028% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0100% /8h now · paid +0.015% over the last 7D
Price+$3spread −0.157% now, avg −0.185% → +0.028% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$4+0.04%no pointscosts unknown: no order book for Bybit Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.157%
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
/8hSUSHI on 14 exchanges
lowest funding firstBefore you open
2 ok · 1 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 + $133The 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— / 8hThe spot leg pays no funding; Bybit settles every 8h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
- OK: Entry gap works for you−0.157% vs −0.185%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.6M 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+0.0007%/8h × 21 periods+$1.53
Price spread−0.157% → −0.185% (7d avg)+$2.83
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−$26.64
Costs to cover0.310%Break-even128.9 days
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit5.6149.8 bp−$50267.1 bp−$2,671doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.