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+0.0480%/8h= +52.6% APRnext payment +$2.40 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against Binance+0.018%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1871.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.018%, 7d avg +0.024%
Together, before fees+0.203%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 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
LongBinance CYSUSDT0.15920.0100pay 0.0050% / 4h3h 33m$4.3M$4.6M20x
ShortGate CYS_USDT0.15920.0580get 0.0290% / 4h3h 33m$618K$112K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$100.8
Price spread: +0.018% → +0.024%
−$0.65
Slippage, 4 orders
−$162.27
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$87.11
Costs to cover
1.873%
Break-even
13.0 days
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 18 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 Binance live order book, 4 min ago3.14 bp25.8 bp −$26160.7 bp −$1,607doesn't fitdoesn't fit
Sell Gate live order book, 18 min ago12.49 bp61.8 bp −$62120.7 bp −$1,207doesn'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
Binance CYSUSDTlong+0.0100%4h0.1592long leg$4.3M$4.6M20x
KuCoin CYSUSDTM+0.0100%4h0.1592+0.018%$1.3M$134K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1591−0.058%$1.7M$681K25xas long as short
MEXC CYS_USDT+0.0106%4h0.1591−0.045%$1.4M$228K50xas long as short
Aster CYSUSDT+0.0130%4h0.1591−0.045%$253K$86K10xas long as short
edgeX CYSUSDC+0.0145%4h0.1592+0.025%$7K$110K10xas long as short
Variational Omni CYS+0.0238%4h0.1594+0.126%$34K$13Kas long as short
Bybit CYSUSDT+0.0258%4h0.1593+0.080%$1.5M$1.1M13xas long as short
BingX CYS-USDT+0.0564%4h0.1592+0.018%$1.3Mas long as short
Gate CYS_USDTshort+0.0580%4h0.1592+0.018%$618K$112K20x