Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against Bybit−0.060%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2392.388% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.060%, 7d avg 0.000%
=Funding pays, the price is against you. Gate is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of 0.000%). If the spread goes back, that is −$6 on $10k: about 5.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.020% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CYSUSDT | 0.1676 | 0.0612 | pay 0.0306% / 4h | 14m 48s | $1.6M | $1.7M | 13x |
| Short | Gate CYS_USDT | 0.1675 | 0.0650 | get 0.0325% / 4h | 14m 48s | $617K | $256K | 20x |
Bybit CYSUSDT
Gate CYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $7.88
- Price spread: −0.060% → 0.000%
- −$5.98
- Slippage, 4 orders
- −$212.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$236.9
- Costs to cover
- 2.388%
- Break-even
- 217.5 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 22 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 | 2.98 bp | 25.9 bp −$26 | 972.4 bp −$9,724 | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 14.18 bp | 66.4 bp −$66 | 125.6 bp −$1,256 | 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 | 0.1675 | −0.079% | $251K | $108K | 10x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1675 | −0.060% | $1.4M | $254K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1677 | +0.078% | $1.8M | $1.1M | 25x | as long as short |
| MEXC CYS_USDT | +0.0124% | 4h | 0.1678 | +0.119% | $1.8M | $359K | 50x | as long as short |
| Binance CYSUSDT | +0.0136% | 4h | 0.1676 | 0.000% | $4.6M | $7.9M | 20x | as long as short |
| edgeX CYSUSDC | +0.0144% | 4h | 0.1671 | −0.276% | $7K | $112K | 10x | as long as short |
| Variational Omni CYS | +0.0358% | 4h | 0.1679 | +0.193% | $35K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0572% | 4h | 0.1674 | −0.119% | — | $1.3M | — | as long as short |
| Bybit CYSUSDTlong | +0.0612% | 4h | 0.1676 | long leg | $1.6M | $1.7M | 13x | |
| Gate CYS_USDTshort | +0.0650% | 4h | 0.1675 | −0.060% | $617K | $256K | 20x |
Aster CYSUSDT
KuCoin CYSUSDTM
Bitget CYSUSDT
MEXC CYS_USDT
Binance CYSUSDT
edgeX CYSUSDC
Variational Omni CYS
BingX CYS-USDT