Funding you earn now, next payment 07:00 UTC+0.1147%/8h= +125.6% APRpaid last 24h −0.140%
Price spread now: Bybit against tradeXYZ−0.045%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2462.463% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.045%, 7d avg +0.024%
=Together, before fees−0.237%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.068% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.024%). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$34 a day). Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BOT | 29.183 | −0.1147 | get 0.0143% / 1h | 48m 44s | $3.1M | $789K | 10x |
| Short | Bybit BOTUSDT | 29.170 | 0 | get 0.0000% / 8h | 1h 48m | $517K | $577K | 25x |
tradeXYZ xyz:BOT
Bybit BOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $240.83
- Price spread: −0.045% → +0.024%
- −$6.83
- Slippage, 4 orders
- −$217.25
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.25
- Costs to cover
- 2.463%
- Break-even
- 7.4 days
Slippage from tradeXYZ: live order book, 8 min ago; Bybit: live order book, 51 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 8 min ago | 1.54 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 51 min ago | 3.41 bp | 96.8 bp −$97 | 216.4 bp −$2,164 | doesn't fit | doesn't fit |
BOT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1268% | 8h | 29.200 | +0.058% | $232K | $223K | 20x | as long as short |
| tradeXYZ xyz:BOTlong | −0.1147% | 1h | 29.183 | long leg | $3.1M | $789K | 10x | |
| KuCoin BOTUSDTM | −0.0627% | 8h | 29.220 | +0.127% | $94K | $351K | 20x | as long as short |
| Binance BOTUSDT | −0.0513% | 8h | 29.200 | +0.058% | $455K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0399% | 8h | 29.175 | −0.027% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.140 | −0.147% | $1.1M | $475K | 10x | as long as short |
| Bybit BOTUSDTshort | 0.0000% | 8h | 29.170 | −0.045% | $517K | $577K | 25x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.290 | +0.367% | $251K | $231K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.240 | +0.195% | $244K | $128K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.377 | +0.665% | $67K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.170 | −0.045% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.262 | +0.271% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT