Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.007%
Price spread now: Extended against Bybit−0.482%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.482% cheaper against Bybit than usual: you would sell low and buy high (spread −0.482% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 40 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONUSDT | 71.560 | 0 | get 0.0000% / 8h | 40m 20s | $136K | $218K | 50x |
| Short | Extended ON_24_5-USD | 71.215 | 0.0040 | get 0.0005% / 1h | 40m 20s | $2K | — | 10x |
Bybit ONUSDT
Extended ON_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $8.4
- Price spread: −0.482% → 0.000%
- −$48.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.81
- Costs to cover
- 0.160%
- Break-even
- 53.5 days
Slippage unknown: Bybit: live order book, 54 min ago; Extended: no order-book sample. 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 live order book, 54 min ago | 14.63 bp | 142.1 bp −$142 | 255.6 bp −$2,556 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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.
ON on 3 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 ONUSDTlong | 0.0000% | 8h | 71.560 | long leg | $136K | $218K | 50x | |
| OKX ON-USDT-SWAP | 0.0000% | 8h | 71.900 | +0.475% | $304K | $415K | 10x | as long as short |
| Extended ON_24_5-USDshort | +0.0040% | 1h | 71.215 | −0.482% | $2K | — | 10x |
OKX ON-USDT-SWAP