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 08:00 UTC−0.0328%/8h= −35.9% APRnext payment $1.64 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against BingX0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2692.689% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$21 on $10k
Price spread, last 7 days+0.051%+$5 · spread now 0.000%, 7d avg −0.016%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$10 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 -0.215% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.64 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
LongBingX CYS-USDT0.16270.0428pay 0.0214% / 4h2h 37m$1.3M
ShortKuCoin CYSUSDTM0.16270.0100get 0.0050% / 4h2h 37m$1.4M$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
−$68.88
Price spread: 0.000% → −0.016%
$1.55
Slippage, 4 orders
−$246.85
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$336.18
Costs to cover
2.689%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 3 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 BingX live order book, 4 min ago6.17 bp27.7 bp −$2884.7 bp −$847845.3 bp −$84.5K1146.1 bp −$573.0K
Sell KuCoin live order book, 3 min ago21.52 bp139.6 bp −$140doesn't fitdoesn'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
Aster CYSUSDT+0.0100%4h0.1628+0.061%$259K$88K10xas long as short
Binance CYSUSDT+0.0100%4h0.1628+0.041%$4.3M$4.9M20xas long as short
MEXC CYS_USDT+0.0100%4h0.16270.000%$1.5M$234K50xas long as short
KuCoin CYSUSDTMshort+0.0100%4h0.16270.000%$1.4M$151K20x
Bitget CYSUSDT+0.0100%4h0.1627−0.025%$1.7M$728K25xas long as short
Variational Omni CYS+0.0100%4h0.1621−0.384%$34K$13Kas long as short
edgeX CYSUSDC+0.0117%4h0.1631+0.269%$7K$110K10xas long as short
BingX CYS-USDTlong+0.0428%4h0.1627long leg$1.3M
Bybit CYSUSDT+0.0487%4h0.1629+0.123%$1.5M$1.1M13xas long as short
Gate CYS_USDT+0.1024%4h0.1635+0.492%$637K$118K20xas long as short