Settings8H · net · $10k
Funding arb · Price arb /

CYS

all CYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0413%/8h= +45.3% APRnext payment +$2.07 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against edgeX+0.122%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2482.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.122%, 7d avg +0.006%
Together, before fees+0.032%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.116% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CYSUSDC0.16240.0113pay 0.0056% / 4h1h 42m$7K$111K10x
ShortBingX CYS-USDT0.16260.0526get 0.0263% / 4h1h 42m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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

Funding earned
$86.78
Price spread: +0.122% → +0.006%
$11.62
Slippage, 4 orders
−$228.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$149.4
Costs to cover
2.478%
Break-even
19.1 days
Slippage from edgeX: live order book, 63 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 63 min ago12.42 bp85.4 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago9.24 bp43.4 bp −$43125.0 bp −$1,250doesn't fitdoesn't fit

CYS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CYSUSDT+0.0100%4h0.1625+0.072%$258K$90K10xas long as short
KuCoin CYSUSDTM+0.0100%4h0.1623−0.062%$1.4M$160K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1626+0.147%$1.7M$705K25xas long as short
MEXC CYS_USDT+0.0108%4h0.1626+0.122%$1.5M$242K50xas long as short
edgeX CYSUSDClong+0.0113%4h0.1624long leg$7K$111K10x
Binance CYSUSDT+0.0115%4h0.1627+0.172%$4.3M$5.0M20xas long as short
Variational Omni CYS+0.0177%4h0.1623−0.049%$34K$13Kas long as short
BingX CYS-USDTshort+0.0526%4h0.1626+0.122%$1.3M
Bybit CYSUSDT+0.0565%4h0.1628+0.245%$1.5M$1.2M13xas long as short
Gate CYS_USDT+0.0828%4h0.1625+0.061%$613K$142K20xas long as short