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

CYS

all CYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRnext payment $0.19 per $10,000 · paid last 24h +0.039%
Price spread now: edgeX against Variational Omni−0.402%89s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.402% cheaper against Variational Omni than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CYS0.16310.0175pay 0.0088% / 4h2h 00m$34K$13K
ShortedgeX CYSUSDC0.16250.0137get 0.0069% / 4h2h 00m$7K$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
−$7.94
Price spread: −0.402% → 0.000%
−$40.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$57.13
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; edgeX: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell edgeX live order book, 46 min ago12.42 bp89.3 bp −$89doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CYS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CYSUSDT+0.0100%4h0.1631−0.031%$259K$89K10xas long as short
KuCoin CYSUSDTM+0.0100%4h0.1629−0.135%$1.4M$153K20xas long as short
Bitget CYSUSDT+0.0100%4h0.1630−0.061%$1.7M$696K25xas long as short
Binance CYSUSDT+0.0115%4h0.1630−0.049%$4.3M$5.0M20xas long as short
MEXC CYS_USDT+0.0118%4h0.1630−0.073%$1.5M$245K50xas long as short
edgeX CYSUSDCshort+0.0137%4h0.1625−0.402%$7K$111K10x
Variational Omni CYSlong+0.0175%4h0.1631long leg$34K$13K
Bybit CYSUSDT+0.0450%4h0.1631−0.012%$1.5M$1.1M13xas long as short
BingX CYS-USDT+0.0484%4h0.1629−0.135%$1.3Mas long as short
Gate CYS_USDT+0.0896%4h0.1631−0.012%$633K$130K20xas long as short