Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03079 | spot | no funding | — | — | $719K | 1x | Buy Bybit Spot | |
| SHORT | 0.03077 | +0.0100 | get 0.0050% / 4h | 3h 44m | $4.1M | $1.4M | 20x | Short Bybit |
Price gap−0.065%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.064% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0100% /8h now · paid +0.177% over the last 7D
Price+$6spread −0.065% now, avg −0.128% → +0.064% if it goes back
Costs−$1821.820% of $10k · taker + slippage, in and out
Result−$158−1.58%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.065%
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
/8hXDC on 5 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size65.1 / 33.7 bpAt $10k entering Bybit Spot costs 65.1 bp, fee and slippage, 1.9× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; Bybit runs at up to 20x. 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−0.065% vs −0.128%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$4.1M 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+0.0084%/8h × 21 periods+$17.69
Price spread−0.065% → −0.128% (7d avg)+$6.35
Slippage, 4 orderslive order books−$151.00
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$157.96
Costs to cover1.820%Break-even69.5 days
Slippage: Bybit Spot: live order book, 16 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot4.9065.1 bp−$65153.4 bp−$1,534doesn’t fitdoesn’t fit
SELL · SHORTBybit3.2533.7 bp−$34127.4 bp−$1,274doesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC