Funding you earn now, next payment 03:00 UTC−0.1332%/8h= −145.8% APRpaid last 24h +0.267%
Price spread now: Binance against Aftermath Perps−4.285%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Binance is 4.285% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$429 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CYPHUSD | 3.5647 | 0.2225 | pay 0.0278% / 1h | 38m 53s | $529 | $21K | 3x |
| Short | Binance CYPHUSDT | 3.4120 | 0.0893 | get 0.0893% / 8h | 5h 38m | $230K | $2.7M | 20x |
Aftermath Perps CYPHUSD
Binance CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$279.67
- Price spread: −4.285% → 0.000%
- −$428.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$727.17
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 10.23 bp | 57.5 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
Aftermath Perps: 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.
CYPH on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4380 | −3.556% | $72K | $300K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4100 | −4.341% | $2.0M | $383K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4250 | −3.920% | $36K | $63K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4197 | −4.069% | $57K | $594K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4080 | −4.397% | — | $4.8M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4140 | −4.229% | $5K | $355K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4130 | −4.257% | $134K | $230K | 10x | as long as short |
| Binance CYPHUSDTshort | +0.0893% | 8h | 3.4120 | −4.285% | $230K | $2.7M | 20x | |
| Aftermath Perps CYPHUSDlong | +0.2225% | 1h | 3.5647 | long leg | $529 | $21K | 3x |
Bybit CYPHUSDT
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT