CYS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.97 per $10,000 · paid last 24h −0.055%

Price spread now: Bitget against Bybit−0.238%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$259as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2372.371% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.218%−$22 on $10k

Price spread, last 7 days+0.296%+$30 · spread now −0.238%, 7d avg +0.006%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.244% cheaper against Bybit than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CYSUSDT	0.1595	0.0293	pay 0.0147% / 4h	3h 32m	$1.5M	$1.1M	13x
Short	Bitget CYSUSDT	0.1591	0.0100	get 0.0050% / 4h	3h 32m	$1.7M	$681K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.238%Rate

Funding earned: −$40.56
Price spread: −0.238% → +0.006%: −$24.38
Slippage, 4 orders: −$214.09
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$302.04
Costs to cover: 2.371%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 4 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 Bybit live order book, 3 min ago	3.14 bp	84.4 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	6.90 bp	26.0 bp −$26	123.2 bp −$1,232	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
Binance CYSUSDT	+0.0100%	4h	0.1593	−0.125%	$4.3M	$4.6M	20x	as long as short
MEXC CYS_USDT	+0.0100%	4h	0.1592	−0.188%	$1.4M	$228K	50x	as long as short
KuCoin CYSUSDTM	+0.0100%	4h	0.1593	−0.125%	$1.3M	$134K	20x	as long as short
Bitget CYSUSDTshort	+0.0100%	4h	0.1591	−0.238%	$1.7M	$681K	25x
Aster CYSUSDT	+0.0123%	4h	0.1591	−0.251%	$253K	$86K	10x	as long as short
edgeX CYSUSDC	+0.0132%	4h	0.1592	−0.173%	$7K	$110K	10x	as long as short
Variational Omni CYS	+0.0238%	4h	0.1594	−0.080%	$34K	$13K	—	as long as short
Bybit CYSUSDTlong	+0.0293%	4h	0.1595	long leg	$1.5M	$1.1M	13x
BingX CYS-USDT	+0.0564%	4h	0.1593	−0.125%	—	$1.3M	—	as long as short
Gate CYS_USDT	+0.0660%	4h	0.1592	−0.188%	$618K	$112K	20x	as long as short