Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.009336 | spot | no funding | — | — | $933K | 1x | Buy Bybit Spot | |
| SHORT | 0.009321 | −0.0350 | pay 0.0175% / 4h | 3h 46m | $2.7M | $2.8M | 25x | Short Bybit |
Price gap−0.155%
Funding gap−0.0350% /8h
Both sides work against this pair now: funding costs $10 a day on $10k and the gap is 0.065% 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 forecastFunding+$1−0.0350% /8h now · paid +0.013% over the last 7D
Price−$7spread −0.155% now, avg −0.090% → −0.065% if it goes back
Costs−$1431.431% of $10k · taker + slippage, in and out
Result−$148−1.48%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.013% in total, about +0.0006%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.155%
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
/8hZK on 18 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size38.3 / 19.2 bpAt $10k entering Bybit Spot costs 38.3 bp, fee and slippage, 2.0× 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: −$10.49Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$10.49.
- Watch: Gap narrower than usual−0.155% vs −0.090%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$2.7M 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+0.0006%/8h × 21 periods+$1.34
Price spread−0.155% → −0.090% (7d avg)−$6.52
Slippage, 4 orderslive order books−$112.07
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$148.25
Costs to cover1.431%Break-even780.4 days
Slippage: Bybit Spot: live order book, 14 min ago; Bybit: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot4.3538.3 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.7019.2 bp−$1971.7 bp−$717doesn’t fitdoesn’t fit
Closing costs about the same again.
ZK news
posts that mention ZK, from every exchange| 10-29 11:27 | Extended | Listing | Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗ |
| 10-28 17:38 | Extended | Listing | new market ZK-USD ($ZK) seen by our collector |
Extended