Funding you earn now, next payment 08:00 UTC+0.0894%/8h= +97.9% APRnext payment +$4.47 per $10,000 · paid last 24h +0.041%
Price spread now: Gate against edgeX−0.234%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$2972.971% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.234%, 7d avg +0.037%
=Together, before fees+0.232%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.272% cheaper against edgeX than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of +0.037%). If the spread goes back, that is −$27 on $10k: about 24 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.204% in total) that is about 9.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.47 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 | edgeX CYSUSDC | 0.1620 | 0.0118 | pay 0.0059% / 4h | 3h 13m | $7K | $110K | 10x |
| Short | Gate CYS_USDT | 0.1616 | 0.1012 | get 0.0506% / 4h | 3h 13m | $631K | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- $187.7
- Price spread: −0.234% → +0.037%
- −$27.17
- Slippage, 4 orders
- −$273.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$136.6
- Costs to cover
- 2.971%
- Break-even
- 12.1 days
Slippage from edgeX: live order book, 38 min ago; Gate: live order book, 38 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 edgeX live order book, 38 min ago | 9.38 bp | 83.1 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 12.49 bp | 61.8 bp −$62 | 120.7 bp −$1,207 | 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 | 0.1613 | −0.399% | $4.3M | $4.8M | 20x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1613 | −0.419% | $1.5M | $233K | 50x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1614 | −0.358% | $1.3M | $139K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1614 | −0.376% | $1.7M | $712K | 25x | as long as short |
| Aster CYSUSDT | +0.0105% | 4h | 0.1612 | −0.451% | $257K | $87K | 10x | as long as short |
| edgeX CYSUSDClong | +0.0118% | 4h | 0.1620 | long leg | $7K | $110K | 10x | |
| Bybit CYSUSDT | +0.0182% | 4h | 0.1614 | −0.358% | $1.5M | $1.1M | 13x | as long as short |
| Variational Omni CYS | +0.0188% | 4h | 0.1614 | −0.375% | $34K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0434% | 4h | 0.1615 | −0.296% | — | $1.3M | — | as long as short |
| Gate CYS_USDTshort | +0.1012% | 4h | 0.1616 | −0.234% | $631K | $118K | 20x |
edgeX CYSUSDC
Gate CYS_USDT
Binance CYSUSDT
MEXC CYS_USDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Aster CYSUSDT
Bybit CYSUSDT
Variational Omni CYS
BingX CYS-USDT