TradingCalcBybit Funding Rate Arbitrage Calculator
DELTA-NEUTRAL · BASIS TRADE · ANNUALIZED YIELD
Calculate annualized yield from a delta-neutral funding rate arbitrage trade using Bybit as one leg.
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Basis trading with Bybit as one leg
A funding rate arbitrage trade holds a long perpetual on one exchange and a short on another. Using Bybit as one leg, factor in its 0.06% taker fee (or 0.01% maker) when opening and closing that side of the trade: it directly reduces the net spread you capture.
Bybit settles funding every 8 hours. Compare its historical rate against the other exchange's to estimate the annualized yield before committing capital to both legs.
Bybit fee structure
Bybit charges maker fee 0.01% and taker fee 0.06% on perpetual futures. Maximum available leverage is 100×. This calculator pre-fills these defaults so you get accurate results without needing to look up the fee schedule. If you are on a VIP tier with discounted fees, adjust the fee fields accordingly.
Maker orders (limit orders that add liquidity) cost less than taker orders (market orders that remove liquidity). On Bybit, using limit orders for both entry and exit can reduce your total fee cost significantly compared to market orders.
Margin mode: new positions default to Cross Margin at 10× leverage under One-Way mode - margin mode is account-wide, not set per symbol. See Bybit's official docs →
Related Bybit calculators
Compare Funding Rate Arbitrage across exchanges
Fees and leverage differ by exchange: see the same funding rate arbitrage math with another exchange's defaults, or switch freely on the generic version.
Use via API or MCP
This Bybit funding rate arbitrage math is also a deterministic API call: plug exact figures into trading bots, dashboards, or AI agents instead of estimating.
View API & MCP docs →What is funding rate arbitrage in crypto?
A delta-neutral strategy where you hold a long perpetual on one exchange and a short on another to capture the funding rate spread. Directional risk cancels out.
How is annualized yield calculated?
Annualized yield = (Short Rate − Long Rate) × periods per day × 365. Example for an exchange on the common 8h funding schedule, with a 0.07% net rate per period: 0.07% × 3 × 365 ≈ 76.65% APY - an hourly-funding exchange has more, smaller periods per day instead.
What are Bybit perpetual futures fees?
Bybit charges maker fee 0.01% and taker fee 0.06%. Maximum leverage is 100×. This calculator uses these defaults but you can adjust them for your actual rate tier.
Is this calculator specific to Bybit?
Yes, the exchange is pre-selected to Bybit with live prices pulled from their API. You can switch to any other supported exchange using the instrument selector.