Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 528.39 | 0 | 0.0000% / 8h | 1m 04s | $407K | $88K | 25x | Long Bybit | |
| SHORT | 526.62 | +0.0956 | get 0.0120% / 1h | 1m 04s | $207K | $25K | 10x | Short Paragon |
Price gap−0.334%
Funding gap+0.0956% /8h
Funding pays +$29 a day on $10k, but the gap is 0.147% under its 7d average: −$15 if it goes back, about 12 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$202+0.0956% /8h now · paid +2.018% over the last 7D
Price−$15spread −0.334% now, avg −0.188% → −0.147% if it goes back
Costs−$1661.659% of $10k · taker + slippage, in and out
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−0.334%
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
/8hSMH on 14 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size46.3 / 34.9 bpAt $10k entering Bybit costs 46.3 bp, fee and slippage, 1.3× Paragon’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, Paragon 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: +$28.69Long Bybit: 3 payments, $0.00; short Paragon: 24 payments, +$28.69.
- Watch: Gap narrower than usual−0.334% vs −0.188%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$207K vs $407K OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Paragon NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0961%/8h × 21 periods+$201.85
Price spread−0.334% → −0.188% (7d avg)−$14.66
Slippage, 4 orderslive order books−$153.11
Fee Bybit bp × 2 orders−$11.00
Fee Paragon bp × 2 orders−$1.80
Net · 7 days · $10k+$21.27
Costs to cover1.659%Break-even6.3 days
Slippage: Bybit: live order book, 29 min ago; Paragon: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit4.8346.3 bp−$46217.5 bp−$2,175doesn’t fitdoesn’t fit
SELL · SHORTParagon5.2234.9 bp−$35175.2 bp−$1,752doesn’t fitdoesn’t fit
Closing costs about the same again.
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