Funding you earn now, next payment 04:00 UTC+0.0672%/8h= +73.6% APRnext payment +$3.36 per $10,000 · paid last 24h +0.054%
Price spread now: Gate against Bitget+0.038%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.038%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$20 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 0.204% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.36 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 | Bitget CYSUSDT | 0.1574 | 0.0100 | pay 0.0050% / 4h | 56m 49s | $1.7M | $660K | 25x |
| Short | Gate CYS_USDT | 0.1575 | 0.0772 | get 0.0386% / 4h | 56m 49s | $614K | $96K | 20x |
Bitget CYSUSDT
Gate CYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $141.12
- Price spread: +0.038% → +0.024%
- $1.43
- Slippage, 4 orders
- −$178.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.07
- Costs to cover
- 2.056%
- Break-even
- 10.1 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 65 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, 5 min ago | 5.69 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 12.77 bp | 70.2 bp −$70 | 129.3 bp −$1,293 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1572 | −0.152% | $1.3M | $115K | 20x | as long as short |
| Bitget CYSUSDTlong | +0.0100% | 4h | 0.1574 | long leg | $1.7M | $660K | 25x | |
| Binance CYSUSDT | +0.0179% | 4h | 0.1575 | +0.038% | $4.2M | $4.4M | 20x | as long as short |
| MEXC CYS_USDT | +0.0182% | 4h | 0.1574 | −0.025% | $1.4M | $233K | 50x | as long as short |
| edgeX CYSUSDC | +0.0204% | 4h | 0.1581 | +0.422% | $7K | $110K | 10x | as long as short |
| Aster CYSUSDT | +0.0212% | 4h | 0.1573 | −0.089% | $252K | $84K | 10x | as long as short |
| Variational Omni CYS | +0.0318% | 4h | 0.1581 | +0.430% | $33K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0532% | 4h | 0.1573 | −0.089% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0556% | 4h | 0.1575 | +0.038% | $1.5M | $1.0M | 13x | as long as short |
| Gate CYS_USDTshort | +0.0772% | 4h | 0.1575 | +0.038% | $614K | $96K | 20x |
KuCoin CYSUSDTM
Binance CYSUSDT
MEXC CYS_USDT
edgeX CYSUSDC
Aster CYSUSDT
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT