Funding you earn now, next payment 12:00 UTC−0.0429%/8h= −47.0% APRnext payment −$2.15 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against BingX+0.015%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.015%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$13 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 -0.243% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.15 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CYS-USDT | 0.1736 | 0.0574 | pay 0.0287% / 4h | 1h 31m | — | $1.4M | — |
| Short | Binance CYSUSDT | 0.1736 | 0.0145 | get 0.0072% / 4h | 1h 31m | $4.8M | $10.3M | 20x |
BingX CYS-USDT
Binance CYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$90.16
- Price spread: +0.015% → 0.000%
- $1.48
- Slippage, 4 orders
- −$91.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$200.26
- Costs to cover
- 1.116%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 8.55 bp | 34.7 bp −$35 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.87 bp | 23.1 bp −$23 | 112.9 bp −$1,129 | doesn't fit | doesn't fit |
CYS on 10 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CYSUSDT | +0.0100% | 4h | 0.1737 | +0.063% | $1.9M | $1.4M | 25x | as long as short |
| Binance CYSUSDTshort | +0.0145% | 4h | 0.1736 | +0.015% | $4.8M | $10.3M | 20x | |
| edgeX CYSUSDC | +0.0150% | 4h | 0.1752 | +0.948% | $7K | $113K | 10x | as long as short |
| MEXC CYS_USDT | +0.0154% | 4h | 0.1735 | −0.058% | $1.9M | $439K | 50x | as long as short |
| Aster CYSUSDT | +0.0154% | 4h | 0.1736 | 0.000% | $239K | $141K | 10x | as long as short |
| Variational Omni CYS | +0.0318% | 4h | 0.1758 | +1.270% | $47K | $42K | — | as long as short |
| KuCoin CYSUSDTM | +0.0368% | 4h | 0.1737 | +0.058% | $1.5M | $377K | 20x | as long as short |
| Gate CYS_USDT | +0.0384% | 4h | 0.1738 | +0.115% | $644K | $370K | 20x | as long as short |
| BingX CYS-USDTlong | +0.0574% | 4h | 0.1736 | long leg | — | $1.4M | — | |
| Bybit CYSUSDT | +0.0591% | 4h | 0.1739 | +0.173% | $1.8M | $2.2M | 13x | as long as short |
Bitget CYSUSDT
edgeX CYSUSDC
MEXC CYS_USDT
Aster CYSUSDT
Variational Omni CYS
KuCoin CYSUSDTM
Gate CYS_USDT
Bybit CYSUSDT