ETH funding arbitrage: bybit vs phoenix
Long ETHPERP on bybit against short ETH on phoenix.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | bybit | ETHPERP | 0.0085% / 8h | +9.26% | $15.03M | $18.40M |
| Short | phoenix | ETH | 0.0020% / 1h | +17.94% | $1.34M | $2.82M |
Funding spread +8.68% APR. Price spread +0.1268%.
Data generated at 2026-09-01T05:32:36Z. Live numbers load on this page automatically.