Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 10.150 | 0 | 0.0000% / 8h | 2h 27m | $374K | $89K | 25x | Long Bybit | |
| SHORT | 10.137 | +0.0064 | get 0.0008% / 1h | 27m 25s | $29K | $341K | 10x | Short Extended10% off |
Price gap−0.124%
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.030% under its 7d average: −$3 if it goes back, about 38 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$24+0.0064% /8h now · paid −0.241% over the last 7D
Price−$3spread −0.124% now, avg −0.093% → −0.030% if it goes back
Costs−$2242.245% of $10k · taker + slippage, in and out
Result−$252−2.52%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.124%
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
/8hNOK on 18 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size103.7 / 23.0 bpAt $10k entering Bybit costs 103.7 bp, fee and slippage, 4.5× Extended’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, Extended 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.92Long Bybit: 3 payments, $0.00; short Extended: 24 payments, +$1.92.
- Watch: Gap narrower than usual−0.124% vs −0.093%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$29K vs $374K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · Extended NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0115%/8h × 21 periods−$24.10
Price spread−0.124% → −0.093% (7d avg)−$3.02
Slippage, 4 orderslive order books−$208.49
Fee Bybit bp × 2 orders−$11.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$251.61
Costs to cover2.245%Break-evennever at this rate
Slippage: Bybit: live order book, 4 min ago; Extended: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit4.43103.7 bp−$104148.7 bp−$1,487doesn’t fitdoesn’t fit
SELL · SHORTExtended7.3923.0 bp−$23128.3 bp−$1,283doesn’t fitdoesn’t fit
Closing costs about the same again.