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

CYS

all CYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0226%/8h= +24.8% APRnext payment +$1.13 per $10,000 · paid last 24h +0.043%
Price spread now: Bybit against Aster+0.190%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3083.081% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.287%+$29 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.190%, 7d avg +0.157%
Together, before fees+0.281%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.033% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.157%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CYSUSDT0.15750.0186pay 0.0093% / 4h1h 21m$255K$81K10x
ShortBybit CYSUSDT0.15780.0412get 0.0206% / 4h1h 21m$1.5M$1.0M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$47.5
Price spread: +0.190% → +0.157%
$3.34
Slippage, 4 orders
−$289.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$257.31
Costs to cover
3.081%
Break-even
44.9 days
Slippage from Aster: live order book, 41 min ago; Bybit: live order book, 5 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, 41 min ago9.59 bp53.2 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.37 bp92.6 bp −$93700.7 bp −$7,007doesn'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
KuCoin CYSUSDTM+0.0100%4h0.1572−0.190%$1.3M$105K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1577+0.127%$1.7M$631K25xas long as short
MEXC CYS_USDT+0.0182%4h0.1574−0.063%$1.4M$235K50xas long as short
Binance CYSUSDT+0.0185%4h0.1577+0.101%$4.2M$4.3M20xas long as short
Aster CYSUSDTlong+0.0186%4h0.1575long leg$255K$81K10x
Variational Omni CYS+0.0190%4h0.1577+0.140%$46K$279as long as short
edgeX CYSUSDC+0.0221%4h0.1567−0.536%$7K$109K10xas long as short
BingX CYS-USDT+0.0380%4h0.1578+0.190%$1.3Mas long as short
Bybit CYSUSDTshort+0.0412%4h0.1578+0.190%$1.5M$1.0M13x
Gate CYS_USDT+0.0776%4h0.15750.000%$617K$87K20xas long as short