Funding you earn now, next payment 07:00 UTC−0.1099%/8h= −120.4% APRpaid last 24h −0.188%
Price spread now: Bybit against tradeXYZ+0.704%7-day average +0.688% · you sell dearer than you buy
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$5975.968% of the position
Funding, last 7 days−1.064%−$106 on $10k
+Price spread, last 4 days (all we have)−0.489%−$49 · spread now +0.704%, 7d avg +0.688%
=Together, before fees−1.553%+ Points / potential airdroptradeXYZ: Active · farm board−$155 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.688%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NCLD | 24.567 | 0.1099 | pay 0.0137% / 1h | 38m 51s | $239K | $240K | 10x |
| Short | Bybit NCLDUSDT | 24.740 | 0 | get 0.0000% / 8h | 1h 38m | $170K | $76K | 25x |
tradeXYZ xyz:NCLD
Bybit NCLDUSDTFunding 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
- −$230.84
- Price spread: +0.704% → +0.688%
- $1.6
- Slippage, 4 orders
- −$567.78
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$826.02
- Costs to cover
- 5.968%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 27 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, 27 min ago | 23.17 bp | 167.4 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 51 min ago | 8.00 bp | 141.2 bp −$141 | 966.9 bp −$9,669 | doesn't fit | doesn't fit |
NCLD on 4 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 NCLDUSDTshort | 0.0000% | 8h | 24.740 | +0.704% | $170K | $76K | 25x | |
| QFEX NCLD-USD | 0.0000% | 1h | 24.530 | −0.151% | $1.1M | $552K | 10x | as long as short |
| Polymarket Perps NCLD-USD | +0.0050% | 1h | 24.586 | +0.077% | $20K | $182K | 10x | as long as short |
| tradeXYZ xyz:NCLDlong | +0.1099% | 1h | 24.567 | long leg | $239K | $240K | 10x |
QFEX NCLD-USD
Polymarket Perps NCLD-USD