Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 49.350 | 0 | 0.0000% / 8h | 3h 13m | $478K | $34K | 25x | Long Bybit | |
| SHORT | 49.544 | +0.0163 | get 0.0020% / 1h | 13m 28s | $193K | $64K | 10x | Short Entropy |
Price gap+0.393%
Funding gap+0.0163% /8h
Both sides work: funding pays +$5 a day on $10k, and the gap is 0.339% above its 7d average: +$34 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0163% /8h now · paid +0.253% over the last 7D
Price+$34spread +0.393% now, avg +0.054% → +0.339% if it goes back
Costs−$1141.140% 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+0.393%
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
/8hTENCENT on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size25.6 / 23.1 bpAt $10k entering Bybit costs 25.6 bp, fee and slippage, 1.1× Entropy’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, Entropy 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: +$4.88Long Bybit: 3 payments, $0.00; short Entropy: 24 payments, +$4.88.
- OK: Entry gap works for you+0.393% vs +0.054%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$193K vs $478K OIEntropy sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Entropy NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0120%/8h × 21 periods+$25.30
Price spread+0.393% → +0.054% (7d avg)+$33.91
Slippage, 4 orderslive order books−$101.17
Fee Bybit bp × 2 orders−$11.00
Fee Entropy bp × 2 orders−$1.80
Net · 7 days · $10k−$54.76
Costs to cover1.140%Break-even22.2 days
Slippage: Bybit: live order book, 15 min ago; Entropy: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit16.2025.6 bp−$26167.7 bp−$1,677doesn’t fitdoesn’t fit
SELL · SHORTEntropy8.0723.1 bp−$23doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BingX