Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.007%
Price spread now: Bybit against Extended+0.311%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Bybit is 0.311% dearer against Extended than usual: you sell high and buy low (spread +0.311% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ON_24_5-USD | 72.425 | 0.0040 | pay 0.0005% / 1h | 57m 39s | $2K | — | 10x |
| Short | Bybit ONUSDT | 72.650 | 0 | get 0.0000% / 8h | 3h 57m | $136K | $213K | 50x |
Extended ON_24_5-USD
Bybit ONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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: +0.311% → 0.000%
- $31.07
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $6.67
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 52 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 52 min ago | 10.30 bp | 89.6 bp −$90 | 228.7 bp −$2,287 | doesn't fit | doesn't fit |
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 ONUSDTshort | 0.0000% | 8h | 72.650 | +0.311% | $136K | $213K | 50x | |
| Extended ON_24_5-USDlong | +0.0040% | 1h | 72.425 | long leg | $2K | — | 10x | |
| OKX ON-USDT-SWAP | +0.0128% | 8h | 72.800 | +0.518% | $291K | $410K | 10x | as long as short |
OKX ON-USDT-SWAP