Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7220 | spot | no funding | — | — | $100K | 1x | Buy Bybit Spot | |
| SHORT | 0.7205 | +0.0100 | get 0.0050% / 4h | 2h 00m | $578K | $386K | 25x | Short Bybit |
Price gap−0.208%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.130% under its 7d average: −$13 if it goes back, about 4.3 days of funding. At the last 7 days' pace that is about 8.9 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0100% /8h now · paid +0.102% over the last 7D
Price−$13spread −0.208% now, avg −0.078% → −0.130% if it goes back
Costs−$2682.680% of $10k · taker + slippage, in and out
Result−$271−2.71%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.208%
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
/8hVANA on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size104.3 / 34.5 bpAt $10k entering Bybit Spot costs 104.3 bp, fee and slippage, 3.0× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. 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.
- Watch: Gap narrower than usual−0.208% vs −0.078%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$578K 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+0.0049%/8h × 21 periods+$10.20
Price spread−0.208% → −0.078% (7d avg)−$13.02
Slippage, 4 orderslive order books−$237.00
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$270.82
Costs to cover2.680%Break-even192.8 days
Slippage: Bybit Spot: live order book, 43 min ago; Bybit: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot13.83104.3 bp−$104doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit5.5334.5 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
VANA news
posts that mention VANA, from every exchange| 09-20 12:07 | Binance | Product | Binance will support the Vana (VANA) Network Upgrade & Hard Fork. 👉 @binance on X ↗ |

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