CYS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.018%

Price spread now: BingX against MEXC+0.123%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$900.904% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 7 days−0.099%−$10 · spread now +0.123%, 7d avg +0.018%

Together, before fees+0.125%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.105% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CYS_USDT	0.1624	0.0100	pay 0.0050% / 4h	2h 22m	$1.5M	$235K	50x
Short	BingX CYS-USDT	0.1626	0.0412	get 0.0206% / 4h	2h 22m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.123%Rate

Funding earned: $65.52
Price spread: +0.123% → +0.018%: $10.54
Slippage, 4 orders: −$80.39
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$14.33
Costs to cover: 0.904%
Break-even: 8.5 days

Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 7 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 MEXC live order book, 4 min ago	3.07 bp	13.8 bp −$14	58.8 bp −$588	281.9 bp −$28.2K	doesn't fit
Sell BingX live order book, 7 min ago	9.20 bp	29.6 bp −$30	96.6 bp −$966	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	0.1625	+0.091%	$258K	$88K	10x	as long as short
MEXC CYS_USDTlong	+0.0100%	4h	0.1624	long leg	$1.5M	$235K	50x
KuCoin CYSUSDTM	+0.0100%	4h	0.1624	0.000%	$1.4M	$152K	20x	as long as short
Bitget CYSUSDT	+0.0100%	4h	0.1626	+0.105%	$1.7M	$741K	25x	as long as short
Binance CYSUSDT	+0.0102%	4h	0.1626	+0.123%	$4.3M	$4.9M	20x	as long as short
edgeX CYSUSDC	+0.0108%	4h	0.1628	+0.218%	$7K	$110K	10x	as long as short
Variational Omni CYS	+0.0115%	4h	0.1628	+0.261%	$34K	$13K	—	as long as short
BingX CYS-USDTshort	+0.0412%	4h	0.1626	+0.123%	—	$1.3M	—
Bybit CYSUSDT	+0.0485%	4h	0.1627	+0.185%	$1.5M	$1.1M	13x	as long as short
Gate CYS_USDT	+0.0856%	4h	0.1625	+0.062%	$629K	$122K	20x	as long as short