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

CYS

all CYS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.047%
Price spread now: Bitget against edgeX+0.536%54s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2422.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.730%−$73 · spread now +0.536%, 7d avg +0.007%
Together, before fees−0.764%+ Points / potential airdropedgeX: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.529% dearer against edgeX than usual: you sell high and buy low (spread +0.536% now, against its 7-day average of +0.007%): +$53 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CYSUSDC0.16130.0119pay 0.0059% / 4h2h 40m$7K$110K10x
ShortBitget CYSUSDT0.16210.0100get 0.0050% / 4h2h 40m$1.7M$721K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$3.96
Price spread: +0.536% → +0.007%
$52.88
Slippage, 4 orders
−$220.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$192.84
Costs to cover
2.418%
Break-even
never at this rate
Slippage from edgeX: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago12.42 bp85.4 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.49 bp30.6 bp −$31166.5 bp −$1,665doesn'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%4h0.1621+0.517%$258K$88K10xas long as short
Binance CYSUSDT+0.0100%4h0.1623+0.620%$4.3M$4.8M20xas long as short
MEXC CYS_USDT+0.0100%4h0.1620+0.455%$1.5M$225K50xas long as short
KuCoin CYSUSDTM+0.0100%4h0.1616+0.207%$1.3M$148K20xas long as short
Bitget CYSUSDTshort+0.0100%4h0.1621+0.536%$1.7M$721K25x
Variational Omni CYS+0.0100%4h0.1621+0.501%$34K$13Kas long as short
edgeX CYSUSDClong+0.0119%4h0.1613long leg$7K$110K10x
BingX CYS-USDT+0.0200%4h0.1621+0.517%$1.3Mas long as short
Bybit CYSUSDT+0.0393%4h0.1622+0.579%$1.5M$1.1M13xas long as short
Gate CYS_USDT+0.0916%4h0.1622+0.579%$632K$117K20xas long as short