Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.0130 | spot | no funding | — | — | $641K | 1x | Buy Bybit Spot | |
| SHORT | 5.0060 | −0.0068 | pay 0.0068% / 8h | 7h 44m | $1.9M | $1.2M | 75x | Short Bybit |
Price gap−0.140%
Funding gap−0.0068% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 32 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18−0.0068% /8h now · paid +0.183% over the last 7D
Price+$3spread −0.140% now, avg −0.167% → +0.027% if it goes back
Costs−$1171.173% of $10k · taker + slippage, in and out
Result−$96−0.96%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.140%
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
/8hZEN on 17 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size26.4 / 33.1 bpAt $10k entering Bybit costs 33.1 bp, fee and slippage, 1.3× Bybit Spot’s.
- 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: −$2.03Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, −$2.03.
- OK: Entry gap works for you−0.140% vs −0.167%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.9M 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+0.0087%/8h × 21 periods+$18.28
Price spread−0.140% → −0.167% (7d avg)+$2.70
Slippage, 4 orderslive order books−$86.26
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$96.27
Costs to cover1.173%Break-even43.9 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot6.0526.4 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.0133.1 bp−$33160.9 bp−$1,609doesn’t fitdoesn’t fit
Closing costs about the same again.
TxFlow