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+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.055%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$840.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.067%+$7 · spread now −0.055%, 7d avg −0.014%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CYSUSDT0.15890.0155pay 0.0078% / 4h26m 51s$4.3M$4.5M20x
ShortMEXC CYS_USDT0.15880.0162get 0.0081% / 4h26m 51s$1.4M$235K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$1.39
Price spread: −0.055% → −0.014%
−$4.18
Slippage, 4 orders
−$73.89
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$86.68
Costs to cover
0.839%
Break-even
444.8 days
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 4 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, 10 min ago3.16 bp30.2 bp −$30173.8 bp −$1,738doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago3.15 bp12.5 bp −$1268.5 bp −$685289.8 bp −$29.0Kdoesn'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%4h0.1589+0.008%$1.3M$119K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1588−0.030%$1.7M$664K25xas long as short
Binance CYSUSDTlong+0.0155%4h0.1589long leg$4.3M$4.5M20x
MEXC CYS_USDTshort+0.0162%4h0.1588−0.055%$1.4M$235K50x
edgeX CYSUSDC+0.0184%4h0.1588−0.027%$7K$110K10xas long as short
Aster CYSUSDT+0.0199%4h0.1587−0.120%$254K$85K10xas long as short
Variational Omni CYS+0.0305%4h0.1591+0.116%$34K$13Kas long as short
BingX CYS-USDT+0.0436%4h0.1588−0.055%$1.3Mas long as short
Bybit CYSUSDT+0.0468%4h0.1591+0.134%$1.5M$1.0M13xas long as short
Gate CYS_USDT+0.0784%4h0.1591+0.134%$616K$104K20xas long as short