CYS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.71 per $10,000 · paid last 24h +0.078%

Price spread now: Bybit against Bitget+0.047%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2002.002% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$24 on $10k

Price spread, last 7 days−0.105%−$11 · spread now +0.047%, 7d avg −0.005%

Together, before fees+0.139%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CYSUSDT	0.1716	0.0100	pay 0.0050% / 4h	3h 40m	$1.9M	$1.2M	25x
Short	Bybit CYSUSDT	0.1717	0.0242	get 0.0121% / 4h	3h 40m	$1.7M	$1.8M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.047%Rate

Funding earned: $29.87
Price spread: +0.047% → −0.005%: $5.2
Slippage, 4 orders: −$177.16
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$165.09
Costs to cover: 2.002%
Break-even: 45.7 days

Slippage from Bitget: live order book, 2 min ago; Bybit: 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 Bitget live order book, 2 min ago	7.58 bp	35.1 bp −$35	125.8 bp −$1,258	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	5.85 bp	67.6 bp −$68	471.1 bp −$4,711	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	0.1712	−0.274%	$252K	$112K	10x	as long as short
Bitget CYSUSDTlong	+0.0100%	4h	0.1716	long leg	$1.9M	$1.2M	25x
Binance CYSUSDT	+0.0149%	4h	0.1715	−0.094%	$4.7M	$8.8M	20x	as long as short
edgeX CYSUSDC	+0.0154%	4h	0.1718	+0.106%	$7K	$113K	10x	as long as short
MEXC CYS_USDT	+0.0156%	4h	0.1713	−0.186%	$1.8M	$371K	50x	as long as short
KuCoin CYSUSDTM	+0.0214%	4h	0.1714	−0.128%	$1.4M	$281K	20x	as long as short
Bybit CYSUSDTshort	+0.0242%	4h	0.1717	+0.047%	$1.7M	$1.8M	13x
Variational Omni CYS	+0.0307%	4h	0.1712	−0.261%	$38K	$15K	—	as long as short
Gate CYS_USDT	+0.0454%	4h	0.1711	−0.303%	$630K	$290K	20x	as long as short
BingX CYS-USDT	+0.0488%	4h	0.1717	+0.047%	—	$1.3M	—	as long as short