Funding you earn now, next payment 04:00 UTC−0.2313%/8h= −253.3% APRpaid last 24h +0.093%
Price spread now: Bybit against Aftermath Perps−3.976%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (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 −$69 a day on $10k at the current rate, and Bybit is 3.976% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$398 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 | 3.5648 | 0.2313 | pay 0.0289% / 1h | 49m 06s | $551 | $21K | 3x |
| Short | Bybit CYPHUSDT | 3.4230 | 0 | get 0.0000% / 8h | 4h 49m | $73K | $306K | 25x |
Aftermath Perps CYPHUSD
Bybit CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$485.72
- Price spread: −3.976% → 0.000%
- −$397.64
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$903.36
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 56 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 Bybit live order book, 56 min ago | 10.19 bp | 124.3 bp −$124 | 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 CYPHUSDTshort | 0.0000% | 8h | 3.4230 | −3.976% | $73K | $306K | 25x | |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4000 | −4.622% | $2.0M | $365K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4220 | −4.004% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4111 | −4.310% | $68K | $604K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4030 | −4.537% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4090 | −4.369% | $5K | $353K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4090 | −4.369% | $135K | $231K | 10x | as long as short |
| Binance CYPHUSDT | +0.0735% | 8h | 3.4027 | −4.547% | $232K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSDlong | +0.2313% | 1h | 3.5648 | long leg | $551 | $21K | 3x |
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT