Funding you earn now, next payment 08:00 UTC−0.0347%/8h= −38.0% APRnext payment −$1.73 per $10,000 · paid last 24h −0.015%
Price spread now: edgeX against BingX−0.267%85s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2422.422% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)+0.410%+$41 · spread now −0.267%, 7d avg −0.009%
=Together, before fees+0.181%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and edgeX is 0.259% cheaper against BingX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CYS-USDT | 0.1629 | 0.0484 | pay 0.0242% / 4h | 1h 59m | — | $1.3M | — |
| Short | edgeX CYSUSDC | 0.1625 | 0.0137 | get 0.0069% / 4h | 1h 59m | $7K | $111K | 10x |
BingX CYS-USDT
edgeX CYSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$72.81
- Price spread: −0.267% → −0.009%
- −$25.87
- Slippage, 4 orders
- −$223.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$340.85
- Costs to cover
- 2.422%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; edgeX: live order book, 46 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, 16 min ago | 9.23 bp | 34.9 bp −$35 | 98.2 bp −$982 | 924.7 bp −$92.5K | 1269.5 bp −$634.7K |
| Sell edgeX live order book, 46 min ago | 12.42 bp | 89.3 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
CYS on 10 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1631 | +0.109% | $259K | $89K | 10x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1629 | 0.000% | $1.4M | $153K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1630 | +0.061% | $1.7M | $696K | 25x | as long as short |
| Binance CYSUSDT | +0.0115% | 4h | 0.1631 | +0.093% | $4.3M | $5.0M | 20x | as long as short |
| MEXC CYS_USDT | +0.0118% | 4h | 0.1630 | +0.061% | $1.5M | $245K | 50x | as long as short |
| edgeX CYSUSDCshort | +0.0137% | 4h | 0.1625 | −0.267% | $7K | $111K | 10x | |
| Variational Omni CYS | +0.0175% | 4h | 0.1631 | +0.135% | $34K | $13K | — | as long as short |
| Bybit CYSUSDT | +0.0450% | 4h | 0.1630 | +0.061% | $1.5M | $1.1M | 13x | as long as short |
| BingX CYS-USDTlong | +0.0484% | 4h | 0.1629 | long leg | — | $1.3M | — | |
| Gate CYS_USDT | +0.0896% | 4h | 0.1631 | +0.123% | $633K | $130K | 20x | as long as short |
Aster CYSUSDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Binance CYSUSDT
MEXC CYS_USDT
Variational Omni CYS
Bybit CYSUSDT
Gate CYS_USDT