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

CIEN

RWAall CIEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against OKX−0.011%7-day average −0.029% · 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 7 days+0.210%+$21 on $10k
Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.011%, 7d avg −0.029%
Together, before fees+0.388%+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CIEN-USDT-SWAP374.340get 0.0000% / 8h7h 53m$134K$214K20x
ShortSunX CIEN-USDT374.300.0100get 0.0100% / 8h7h 53m$808$961K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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
$21
Price spread: −0.011% → −0.029%
$1.81
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$4.81
Costs to cover
0.180%
Break-even
5.4 days
Slippage unknown: OKX: live order book, 16 min ago; SunX: live order book, 9 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 OKX live order book, 16 min ago5.64 bp78.3 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago500.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CIEN on 11 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
OKX CIEN-USDT-SWAPlong0.0000%8h374.34long leg$134K$214K20x
Gate CIEN_USDT0.0000%8h372.90−0.385%$306K$38K20xas long as short
Bitget CIENUSDT0.0000%8h371.81−0.676%$89K$223K20xas long as short
QFEX CIEN-USD+0.0080%1h374.23−0.029%$1.1M$4.8M10xas long as short
SunX CIEN-USDTshort+0.0100%8h374.30−0.011%$808$961K10x
HTX CIEN-USDT+0.0100%8h375.71+0.366%$9K$40K10xas long as short
Variational Omni CIEN+0.0183%8h373.03−0.349%$50K$54Kas long as short
Bybit CIENUSDT+0.0184%8h374.05−0.077%$178K$1.4M25xas long as short
Binance CIENUSDT+0.0279%8h374.40+0.017%$538K$1.2M20xas long as short
KuCoin CIENUSDTM+0.0493%8h373.93−0.110%$100K$146K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:CIEN+0.2308%1h373.72−0.166%$92K$90K10xas long as short