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

CYS

all CYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0161%/8h= −17.6% APRnext payment $0.80 per $10,000 · paid last 24h −0.006%
Price spread now: edgeX against KuCoin+0.014%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4864.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.261%+$26 · spread now +0.014%, 7d avg +0.056%
Together, before fees+0.246%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CYSUSDTM0.17500.0318pay 0.0159% / 4h50m 45s$1.5M$390K20x
ShortedgeX CYSUSDC0.17500.0157get 0.0079% / 4h50m 45s$7K$113K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
−$33.76
Price spread: +0.014% → +0.056%
−$4.13
Slippage, 4 orders
−$465.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$524.1
Costs to cover
4.862%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 54 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 KuCoin live order book, 3 min ago11.40 bp199.9 bp −$200doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago5.71 bp72.3 bp −$72doesn't fitdoesn't fitdoesn't fit

CYS on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CYSUSDT+0.0100%4h0.1748−0.114%$1.9M$1.5M25xas long as short
Binance CYSUSDT+0.0143%4h0.1749−0.037%$4.9M$10.9M20xas long as short
MEXC CYS_USDT+0.0148%4h0.1748−0.114%$1.9M$448K50xas long as short
edgeX CYSUSDCshort+0.0157%4h0.1750+0.014%$7K$113K10x
Aster CYSUSDT+0.0168%4h0.1751+0.030%$236K$149K10xas long as short
KuCoin CYSUSDTMlong+0.0318%4h0.1750long leg$1.5M$390K20x
Variational Omni CYS+0.0356%4h0.1747−0.198%$47K$42Kas long as short
Gate CYS_USDT+0.0414%4h0.1749−0.057%$657K$393K20xas long as short
BingX CYS-USDT+0.0524%4h0.1748−0.114%$1.4Mas long as short
Bybit CYSUSDT+0.0580%4h0.1748−0.114%$1.8M$2.2M13xas long as short