Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3157 | spot | no funding | — | — | $2.6M | 1x | Buy Bybit Spot | |
| SHORT | 0.3158 | −0.0641 | pay 0.0641% / 8h | 7h 46m | $60.6M | $12.7M | 75x | Short Bybit |
Price gap+0.016%
Funding gap−0.0641% /8h
The gap pays +$14 on $10k if it goes back to its 7d average, but funding costs $19 a day and eats that in about 17 hours. At the last 7 days' pace that is about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$47−0.0641% /8h now · paid −0.474% over the last 7D
Price+$14spread +0.016% now, avg −0.122% → +0.138% if it goes back
Costs−$420.417% of $10k · taker + slippage, in and out
Result−$75−0.75%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.016%
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
/8hTRX on 33 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- OK: Fits both order books13.6 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$19.22Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$19.22.
- OK: Entry gap works for you+0.016% vs −0.122%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$60.6M 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−0.0226%/8h × 21 periods−$47.37
Price spread+0.016% → −0.122% (7d avg)+$13.83
Slippage, 4 orderslive order books−$10.66
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$75.20
Costs to cover0.417%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 14 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot1.5913.6 bp−$1425.2 bp−$252doesn’t fitdoesn’t fit
SELL · SHORTBybit1.597.1 bp−$711.7 bp−$11743.7 bp−$4,367doesn’t fit
Closing costs about the same again.
TRX news
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