Funding you earn now, next payment 11:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bybit against Extended−0.042%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.042% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RIOT-USD | 24.010 | 0.0040 | pay 0.0005% / 1h | 8m 52s | $481 | $498 | 5x |
| Short | Bybit RIOTUSDT | 24.000 | 0 | get 0.0000% / 8h | 5h 08m | $165K | $73K | 25x |
Extended RIOT-USD
Bybit RIOTUSDTFunding 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: −0.042% → 0.000%
- −$4.16
- 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
- −$28.56
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 28 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, 28 min ago | 14.51 bp | 126.4 bp −$126 | doesn't fit | 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.
RIOT on 4 exchanges
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 RIOTUSDTshort | 0.0000% | 8h | 24.000 | −0.042% | $165K | $73K | 25x | |
| QFEX RIOT-USD | 0.0000% | 1h | 23.940 | −0.292% | $1.6M | $811K | 10x | as long as short |
| Extended RIOT-USDlong | +0.0040% | 1h | 24.010 | long leg | $481 | $498 | 5x | |
| OKX RIOT-USDT-SWAP | +0.0948% | 8h | 24.150 | +0.583% | $78K | $141K | 10x | as long as short |
QFEX RIOT-USD
OKX RIOT-USDT-SWAP