Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 93.180 | 0 | 0.0000% / 8h | 2h 04m | $198K | $287K | 25x | Long Bybit | |
| SHORT | 93.950 | 0 | 0.0000% / 8h | 2h 04m | $1.4M | $22K | 25x | Short Gate |
Price gap+0.826%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$99 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$260.0000% /8h now · paid +0.263% over the last 7D
Price+$99spread +0.826% now, avg −0.159% → +0.985% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$125+1.25%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.826%
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
/8hFUTU on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size143.0 / 782.4 bpAt $10k entering Gate costs 782.4 bp, fee and slippage, 5.5× Bybit’s.
- Note: Margin at max leverage$400 + $400Bybit 25x, Gate 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, $0.00; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+0.826% vs −0.159%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$198K vs $1.4M OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Gate YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0125%/8h × 21 periods+$26.30
Price spread+0.826% → −0.159% (7d avg)+$98.54
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bybit bp × 2 orders−$11.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Bybit: live order book, 43 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit12.30143.0 bp−$143doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate12.78782.4 bp−$782doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.