Funding arb · Price arb / Crypto
TOWNS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001148 | spot | no funding | — | — | $76K | 1x | Buy Bybit Spot | |
| SHORT | 0.001147 | +0.0100 | get 0.0050% / 4h | 1h 05m | $282K | $73K | 5x | Short Bybit |
Price gap−0.044%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.095% above its 7d average: +$9 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0100% /8h now · paid +0.089% over the last 7D
Price+$9spread −0.044% now, avg −0.138% → +0.095% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$18+0.18%no pointscosts unknown: no order book for Bybit Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.044%
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
/8hTOWNS on 11 exchanges
lowest funding firstBefore you open
2 ok · 2 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 + $2,000The spot leg is bought with the whole $10k; Bybit runs at up to 5x. 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: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you−0.044% vs −0.138%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$282K 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+0.0043%/8h × 21 periods+$8.94
Price spread−0.044% → −0.138% (7d avg)+$9.48
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−$12.57
Costs to cover0.310%Break-even16.8 days
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit8.672200.6 bp−$2,201doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
TOWNS news
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