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

CYS

all CYS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0568%/8h= +62.2% APRnext payment +$2.84 per $10,000 · paid last 24h +0.057%
Price spread now: Gate against Aster+0.126%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2342.337% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.237%+$24 on $10k
Price spread, last 4 days (all we have)+0.227%+$23 · spread now +0.126%, 7d avg +0.154%
Together, before fees+0.464%+ Points / potential airdropAster: Stage 5 · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.028% cheaper against Aster than usual: you would sell low and buy high (spread +0.126% now, against its 7-day average of +0.154%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day). At the pace of the last 5 days (+0.237% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.237% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CYSUSDT0.15850.0214pay 0.0107% / 4h32m 02s$254K$85K10x
ShortGate CYS_USDT0.15870.0782get 0.0391% / 4h32m 02s$614K$103K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$119.33
Price spread: +0.126% → +0.154%
−$2.83
Slippage, 4 orders
−$210.75
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$117.24
Costs to cover
2.337%
Break-even
13.9 days
Slippage from Aster: live order book, 25 min ago; Gate: live order book, 24 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, 25 min ago15.89 bp52.9 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 24 min ago9.52 bp55.5 bp −$56114.7 bp −$1,147doesn'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%4h0.1587+0.126%$1.3M$119K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1587+0.107%$1.7M$660K25xas long as short
MEXC CYS_USDT+0.0170%4h0.15850.000%$1.4M$235K50xas long as short
Binance CYSUSDT+0.0176%4h0.1586+0.080%$4.3M$4.5M20xas long as short
edgeX CYSUSDC+0.0180%4h0.1585+0.018%$7K$110K10xas long as short
Aster CYSUSDTlong+0.0214%4h0.1585long leg$254K$85K10x
Variational Omni CYS+0.0287%4h0.1581−0.238%$33K$13Kas long as short
Bybit CYSUSDT+0.0473%4h0.1587+0.126%$1.5M$1.0M13xas long as short
BingX CYS-USDT+0.0488%4h0.1586+0.063%$1.3Mas long as short
Gate CYS_USDTshort+0.0782%4h0.1587+0.126%$614K$103K20x