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

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0309%/8h= −33.9% APRpaid last 24h −0.250%
Price spread now: Bitget against Aftermath Perps−2.177%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 2.177% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$218 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CYPHUSD3.48150.0309pay 0.0039% / 1h56m 12s$517$22K3x
ShortBitget CYPHUSDT3.40570get 0.0000% / 8h56m 12s$52K$593K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$64.97
Price spread: −2.177% → 0.000%
−$217.75
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$303.72
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 19 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 Aftermath Perps no order-book sample
Sell Bitget live order book, 19 min ago8.98 bp56.3 bp −$5660.4 bp −$604doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CYPHUSDT0.0000%8h3.4120−1.997%$36K$203K25xas long as short
QFEX CYPH-USD0.0000%1h3.3900−2.628%$2.0M$432K10xas long as short
Gate CYPH_USDT0.0000%8h3.4010−2.312%$36K$109K20xas long as short
Bitget CYPHUSDTshort0.0000%8h3.4057−2.177%$52K$593K20x
SunX CYPH-USDT0.0000%8h3.3970−2.427%$6.0M10xas long as short
HTX CYPH-USDT0.0000%8h3.4040−2.226%$5K$359K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4000−2.341%$125K$259K10xas long as short
Aftermath Perps CYPHUSDlong+0.0309%1h3.4815long leg$517$22K3x
Binance CYPHUSDT+0.0785%8h3.3959−2.460%$209K$3.1M20xas long as short