Funding you earn now, next payment 08:00 UTC−0.0759%/8h= −83.1% APRnext payment −$3.80 per $10,000 · paid last 24h −0.041%
Price spread now: edgeX against Gate−0.332%112s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3143.139% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.488%+$49 · spread now −0.332%, 7d avg −0.037%
=Together, before fees+0.284%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and edgeX is 0.295% cheaper against Gate than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
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 −$3.80 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 | Gate CYS_USDT | 0.1620 | 0.0862 | pay 0.0431% / 4h | 2h 41m | $631K | $117K | 20x |
| Short | edgeX CYSUSDC | 0.1615 | 0.0103 | get 0.0051% / 4h | 2h 41m | $7K | $110K | 10x |
Gate CYS_USDT
edgeX CYSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$159.44
- Price spread: −0.332% → −0.037%
- −$29.48
- Slippage, 4 orders
- −$289.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$502.85
- Costs to cover
- 3.139%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 5 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 Gate live order book, 5 min ago | 15.50 bp | 70.0 bp −$70 | 135.9 bp −$1,359 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 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 | 0.1618 | −0.148% | $257K | $88K | 10x | as long as short |
| Binance CYSUSDT | +0.0100% | 4h | 0.1620 | −0.017% | $4.3M | $4.8M | 20x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1619 | −0.062% | $1.5M | $225K | 50x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1616 | −0.247% | $1.3M | $148K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1618 | −0.117% | $1.7M | $721K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1613 | −0.419% | $34K | $13K | — | as long as short |
| edgeX CYSUSDCshort | +0.0103% | 4h | 0.1615 | −0.332% | $7K | $110K | 10x | |
| BingX CYS-USDT | +0.0200% | 4h | 0.1619 | −0.062% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0292% | 4h | 0.1620 | 0.000% | $1.5M | $1.1M | 13x | as long as short |
| Gate CYS_USDTlong | +0.0862% | 4h | 0.1620 | long leg | $631K | $117K | 20x |
Aster CYSUSDT
Binance CYSUSDT
MEXC CYS_USDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT