Funding you earn now, next payment 00:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.085%
Price spread now: tradeXYZ against Bybit−0.178%7-day average −0.336% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3363.362% of the position
Funding, last 7 days+1.095%+$109 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now −0.178%, 7d avg −0.336%
=Together, before fees+0.808%+ Points / potential airdroptradeXYZ: Active · farm board+$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.158% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.336%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MAGSUSDT | 73.100 | 0 | get 0.0000% / 8h | 36m 19s | $369K | $108K | 25x |
| Short | tradeXYZ xyz:MAGS | 72.970 | 0.0127 | get 0.0016% / 1h | 36m 19s | $1.1M | $347K | 10x |
Bybit MAGSUSDT
tradeXYZ xyz:MAGSFunding 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
- $26.62
- Price spread: −0.178% → −0.336%
- $15.82
- Slippage, 4 orders
- −$307.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$293.75
- Costs to cover
- 3.362%
- Break-even
- 84.2 days
Slippage from Bybit: live order book, 33 min ago; tradeXYZ: live order book, 1 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 Bybit live order book, 33 min ago | 5.47 bp | 159.1 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 4.18 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MAGS on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGSUSDTlong | 0.0000% | 8h | 73.100 | long leg | $369K | $108K | 25x | |
| tradeXYZ xyz:MAGSshort | +0.0127% | 1h | 72.970 | −0.178% | $1.1M | $347K | 10x |