Funding you earn now, next payment 08:00 UTC−0.0333%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h −0.008%
Price spread now: edgeX against Bybit−1.487%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$3473.470% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)+1.615%+$162 · spread now −1.487%, 7d avg −0.034%
=Together, before fees+1.431%+ Points / potential airdropedgeX: Active · farm board+$143 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 1.452% cheaper against Bybit than usual: you would sell low and buy high (−$145 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.66 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 | Bybit CYSUSDT | 0.1637 | 0.0451 | pay 0.0226% / 4h | 2h 38m | $1.5M | $1.1M | 13x |
| Short | edgeX CYSUSDC | 0.1613 | 0.0119 | get 0.0059% / 4h | 2h 38m | $7K | $110K | 10x |
Bybit CYSUSDT
edgeX CYSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$69.83
- Price spread: −1.487% → −0.034%
- −$145.24
- Slippage, 4 orders
- −$327.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$562.12
- Costs to cover
- 3.470%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 8 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, 2 min ago | 3.08 bp | 90.4 bp −$90 | 2582.9 bp −$25.8K | doesn't fit | doesn't fit |
| Sell edgeX live order book, 8 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 | −0.367% | $259K | $88K | 10x | as long as short |
| Binance CYSUSDT | +0.0100% | 4h | 0.1637 | 0.000% | $4.3M | $4.9M | 20x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1631 | −0.367% | $1.5M | $234K | 50x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1634 | −0.183% | $1.4M | $148K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1635 | −0.104% | $1.8M | $722K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1621 | −0.993% | $34K | $13K | — | as long as short |
| edgeX CYSUSDCshort | +0.0119% | 4h | 0.1613 | −1.487% | $7K | $110K | 10x | |
| BingX CYS-USDT | +0.0200% | 4h | 0.1638 | +0.061% | — | $1.3M | — | as long as short |
| Bybit CYSUSDTlong | +0.0451% | 4h | 0.1637 | long leg | $1.5M | $1.1M | 13x | |
| Gate CYS_USDT | +0.0980% | 4h | 0.1636 | −0.061% | $637K | $118K | 20x | as long as short |
Aster CYSUSDT
Binance CYSUSDT
MEXC CYS_USDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Variational Omni CYS
BingX CYS-USDT
Gate CYS_USDT