Settings8H · net · $10k
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Funding arb · Price arb / Crypto

VET

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotVETUSDT
0.005413spotno funding——$212K1xBuy Bybit Spot
SHORT
BybitVETUSDT
0.005402−0.0029pay 0.0029% / 8h7h 46m$2.9M$1.2M75xShort Bybit
Price gap−0.203%
Funding gap−0.0029% /8h

Both sides work against this pair now: funding costs $1 a day on $10k and the gap is 0.071% under its 7d average. Spot cannot be shorted here, so there is no reverse.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$2−0.0029% /8h now · paid +0.019% over the last 7D
Price−$7spread −0.203% now, avg −0.132% → −0.071% if it goes back
Costs−$1,69616.956% of $10k · taker + slippage, in and out
Result−$1,701−17.01%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.203%
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

VET on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size1430.0 / 37.8 bp
    At $10k entering Bybit Spot costs 1430.0 bp, fee and slippage, 37.8× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The 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— / 8h
    The spot leg pays no funding; Bybit settles every 8h.
    Next 24h at the current rates, on $10k a leg: −$0.86Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$0.86.
  • Watch: Gap narrower than usual−0.203% vs −0.132%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$2.9M OI
    Only 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 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+0.0009%/8h × 21 periods+$1.90
Price spread−0.203% → −0.132% (7d avg)−$7.14
Slippage, 4 orderslive order books−$1,664.63
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$1,700.87
Costs to cover16.956%Break-even6279.0 days
Slippage: Bybit Spot: live order book, 12 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot9.381430.0 bp−$1,430doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.8037.8 bp−$38187.3 bp−$1,873doesn’t fitdoesn’t fit

Closing costs about the same again.

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