Funding you earn now, next payment 04:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against Bybit+0.129%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. tradeXYZ is 0.129% dearer against Bybit than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EBAYUSDT | 108.38 | 0 | get 0.0000% / 8h | 4h 09m | $41K | $14K | 25x |
| Short | tradeXYZ xyz:EBAY | 108.52 | −0.0293 | pay 0.0037% / 1h | 9m 10s | $304K | $77K | 10x |
Bybit EBAYUSDT
tradeXYZ xyz:EBAYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- −$61.49
- Price spread: +0.129% → 0.000%
- $12.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$77.57
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; tradeXYZ: live order book, 17 min ago. Net counts fees only.
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 Bybit no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 17 min ago | 8.76 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EBAY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EBAYshort | −0.0293% | 1h | 108.52 | +0.129% | $304K | $77K | 10x | |
| Aster EBAYUSDT | 0.0000% | 8h | 108.24 | −0.130% | $4K | $936 | 20x | as long as short |
| Binance EBAYUSDT | 0.0000% | 8h | 108.52 | +0.131% | $255K | $392K | 20x | as long as short |
| Bybit EBAYUSDTlong | 0.0000% | 8h | 108.38 | long leg | $41K | $14K | 25x | |
| QFEX EBAY-USD | 0.0000% | 1h | 109.11 | +0.674% | $1.1M | $3.4M | 10x | as long as short |
| Gate EBAY_USDT | 0.0000% | 8h | 108.50 | +0.111% | $147K | $3K | 20x | as long as short |
| Variational Omni EBAY | 0.0000% | 8h | 108.51 | +0.116% | $15K | $55K | — | as long as short |
| SunX EBAY-USDT | 0.0000% | 8h | 108.54 | +0.148% | $1K | $995K | 10x | as long as short |
| HTX EBAY-USDT | 0.0000% | 8h | 108.30 | −0.074% | $6K | $3K | 10x | as long as short |
Aster EBAYUSDT
Binance EBAYUSDT
QFEX EBAY-USD
Gate EBAY_USDT
Variational Omni EBAY
SunX EBAY-USDT
HTX EBAY-USDT