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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1789%/8h= −195.9% APRpaid last 24h
Price spread now: BloFin against Aftermath Perps−3.443%49s7-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 7 daysno 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 −$54 a day on $10k at the current rate, and BloFin is 3.443% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$344 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CYPHUSD3.56480.2370pay 0.0296% / 1h50m 22s$553$20K3x
ShortBloFin CYPH-USDT3.44200.0581get 0.0581% / 8h4h 50m$94K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$375.6
Price spread: −3.443% → 0.000%
−$344.34
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$740.95
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; BloFin: no order-book sample. 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 BloFin no order-book sample
Aftermath Perps and BloFin: 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 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CYPHUSDC−0.0193%4h3.4413−3.462%$303$47K10xas long as short
Bybit CYPHUSDT0.0000%8h3.4280−3.836%$35K$415K25xas long as short
QFEX CYPH-USD0.0000%1h3.4300−3.780%$2.1M$317K10xas long as short
Gate CYPH_USDT0.0000%8h3.4230−3.976%$36K$53K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4164−4.162%$45K$584K20xas long as short
SunX CYPH-USDT0.0000%8h3.4340−3.668%$3.4M10xas long as short
HTX CYPH-USDT0.0000%8h3.4350−3.640%$6K$350K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4340−3.668%$151K$215K10xas long as short
BloFin CYPH-USDTshort+0.0581%8h3.4420−3.443%$94K$1K20x
Binance CYPHUSDT+0.0608%8h3.4251−3.916%$260K$2.6M20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSDlong+0.2370%1h3.5648long leg$553$20K3x