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

CYS

all CYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.046%
Price spread now: Binance against Aster−0.030%7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1711.714% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.075%+$8 on $10k
Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.030%, 7d avg +0.133%
Together, before fees+0.301%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.163% cheaper against Aster than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.133%). If the spread goes back, that is −$16 on $10k: about 37 days of funding at the current rate ($0 a day). At the pace of the last 6 days (+0.075% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CYSUSDT0.16310.0100pay 0.0050% / 4h2h 00m$259K$89K10x
ShortBinance CYSUSDT0.16300.0115get 0.0057% / 4h2h 00m$4.3M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$3.13
Price spread: −0.030% → +0.133%
−$16.34
Slippage, 4 orders
−$153.39
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$184.6
Costs to cover
1.714%
Break-even
420.0 days
Slippage from Aster: live order book, 46 min ago; Binance: live order book, 7 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 Aster live order book, 46 min ago12.41 bp54.6 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago3.07 bp32.3 bp −$32165.6 bp −$1,656doesn't fitdoesn't fit

CYS on 10 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
Aster CYSUSDTlong+0.0100%4h0.1631long leg$259K$89K10x
KuCoin CYSUSDTM+0.0100%4h0.1629−0.117%$1.4M$153K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1630−0.049%$1.7M$696K25xas long as short
Binance CYSUSDTshort+0.0115%4h0.1630−0.030%$4.3M$5.0M20x
MEXC CYS_USDT+0.0118%4h0.1629−0.117%$1.5M$245K50xas long as short
edgeX CYSUSDC+0.0137%4h0.1625−0.384%$7K$111K10xas long as short
Variational Omni CYS+0.0175%4h0.1631+0.018%$34K$13Kas long as short
Bybit CYSUSDT+0.0450%4h0.1631+0.006%$1.5M$1.1M13xas long as short
BingX CYS-USDT+0.0484%4h0.1629−0.117%$1.3Mas long as short
Gate CYS_USDT+0.0896%4h0.1631+0.006%$633K$130K20xas long as short