Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6374 | spot | no funding | — | — | $4.5M | 1x | Buy Bybit Spot | |
| SHORT | 1.6331 | +0.0100 | get 0.0050% / 4h | 3h 46m | $26.4M | $27.9M | 50x | Short Bybit |
Price gap−0.260%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.180% under its 7d average: −$18 if it goes back, about 6.0 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0100% /8h now · paid +0.113% over the last 7D
Price−$18spread −0.260% now, avg −0.080% → −0.180% if it goes back
Costs−$1221.218% of $10k · taker + slippage, in and out
Result−$128−1.28%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.260%
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
/8hZRO on 32 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size62.6 / 13.0 bpAt $10k entering Bybit Spot costs 62.6 bp, fee and slippage, 4.8× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Bybit runs at up to 50x. 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.
- Watch: Gap narrower than usual−0.260% vs −0.080%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$26.4M 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+0.0054%/8h × 21 periods+$11.27
Price spread−0.260% → −0.080% (7d avg)−$17.97
Slippage, 4 orderslive order books−$90.79
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$128.49
Costs to cover1.218%Break-even86.8 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 Spot5.8562.6 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.3113.0 bp−$1334.3 bp−$343208.8 bp−$20.9Kdoesn’t fit
Closing costs about the same again.
ZRO news
posts that mention ZRO, from every exchange| 11-04 16:45 | Arcus | Listing | new market ZRO-USD ($ZRO) seen by our collector |
| 11-03 14:36 | Lighter RH | Listing | new market ZRO ($ZRO) seen by our collector |
| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-26 07:15 | AZverse | Listing | new market zro_usdt ($ZRO) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-19 19:00 | RISEx | Other | The Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗ |

Lighter RH
Binance
OKX
RISEx