Settings8H · net · $10k
Funding arb · Price arb /

CYBER

all CYBER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against BloFin+0.121%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 3 days (all we have)−0.214%−$21 · spread now +0.121%, 7d avg +0.021%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.100% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CYBER-USDT0.33030.0077pay 0.0039% / 4h2h 50m$111K$3K50x
ShortBingX CYBER-USDT0.33070.0100get 0.0050% / 4h2h 50m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.79
Price spread: +0.121% → +0.021%
$10.02
Slippage, 4 orders
−$94.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$101.62
Costs to cover
1.164%
Break-even
155.4 days
Slippage from BloFin: live order book, 64 min ago; BingX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 64 min ago3.00 bp20.7 bp −$21105.1 bp −$1,051doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago10.42 bp32.5 bp −$3392.1 bp −$921451.8 bp −$45.2K505.3 bp −$252.7K

CYBER on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CYBERUSD+0.0073%1h0.3304+0.041%$10K$4K10xas long as short
BloFin CYBER-USDTlong+0.0077%4h0.3303long leg$111K$3K50x
Aster CYBERUSDT+0.0100%4h0.3317+0.416%$14K$4K5xas long as short
Binance CYBERUSDT+0.0100%4h0.3313+0.311%$1.7M$2.6M50xas long as short
Bybit CYBERUSDT+0.0100%4h0.3318+0.454%$964K$562K25xas long as short
Gate CYBER_USDT+0.0100%8h0.3314+0.333%$144K$293K40xas long as short
MEXC CYBER_USDT+0.0100%4h0.3314+0.333%$291K$81K50xas long as short
KuCoin CYBERUSDTM+0.0100%4h0.3313+0.303%$479K$99K30xas long as short
Bitget CYBERUSDT+0.0100%4h0.3314+0.333%$278K$290K50xas long as short
BingX CYBER-USDTshort+0.0100%4h0.3307+0.121%$2.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CYBER+0.0100%4h0.3306+0.106%$466$72as long as short