CYS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0298%/8h= −32.6% APRnext payment −$1.49 per $10,000 · paid last 24h −0.066%

Price spread now: MEXC against Gate+0.058%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1581.579% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.058%, 7d avg −0.058%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.116% dearer against Gate than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.058%): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.222% in total) that is about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CYS_USDT	0.1712	0.0454	pay 0.0227% / 4h	3h 39m	$630K	$290K	20x
Short	MEXC CYS_USDT	0.1713	0.0156	get 0.0078% / 4h	3h 39m	$1.8M	$371K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$62.58
Price spread: +0.058% → −0.058%: $11.64
Slippage, 4 orders: −$142.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$208.84
Costs to cover: 1.579%
Break-even: never at this rate

Slippage from Gate: live order book, 57 min ago; MEXC: live order book, 2 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, 57 min ago	14.18 bp	65.1 bp −$65	1552.0 bp −$15.5K	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.92 bp	17.1 bp −$17	65.1 bp −$651	360.3 bp −$36.0K	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	0.1713	+0.060%	$253K	$112K	10x	as long as short
Bitget CYSUSDT	+0.0100%	4h	0.1712	+0.006%	$1.9M	$1.2M	25x	as long as short
Binance CYSUSDT	+0.0149%	4h	0.1713	+0.060%	$4.7M	$8.8M	20x	as long as short
edgeX CYSUSDC	+0.0154%	4h	0.1718	+0.352%	$7K	$113K	10x	as long as short
MEXC CYS_USDTshort	+0.0156%	4h	0.1713	+0.058%	$1.8M	$371K	50x
KuCoin CYSUSDTM	+0.0214%	4h	0.1713	+0.058%	$1.4M	$282K	20x	as long as short
Bybit CYSUSDT	+0.0242%	4h	0.1713	+0.058%	$1.6M	$1.8M	13x	as long as short
Variational Omni CYS	+0.0307%	4h	0.1712	−0.016%	$38K	$15K	—	as long as short
Gate CYS_USDTlong	+0.0454%	4h	0.1712	long leg	$630K	$290K	20x
BingX CYS-USDT	+0.0488%	4h	0.1711	−0.058%	—	$1.3M	—	as long as short