Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.7220spotno funding——$100K1xBuy Bybit Spot
SHORT0.7205+0.0100get 0.0050% / 4h2h 00m$578K$386K25xShort 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 forecast
Funding+$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 · history
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

/8h

VANA on 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size104.3 / 34.5 bp
    At $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 + $400
    The 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— / 4h
    The 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 OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

VANA news

posts that mention VANA, from every exchange
09-20 12:07BinanceProductBinance will support the Vana (VANA) Network Upgrade & Hard Fork. 👉 @binance on X ↗