Funding you earn now, next payment 09:00 UTC−0.1789%/8h= −195.9% APRpaid last 24h —
Price spread now: edgeX against Aftermath Perps−4.295%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and edgeX is 4.295% 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. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CYPHUSD | 3.5648 | 0.2369 | pay 0.0296% / 1h | 17m 49s | $581 | $20K | 3x |
| Short | edgeX CYPHUSDC | 3.4117 | 0.0580 | get 0.0290% / 4h | 3h 17m | — | $27K | 10x |
Aftermath Perps CYPHUSD
edgeX CYPHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$375.79
- Price spread: −4.295% → 0.000%
- −$429.47
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$823.26
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; edgeX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell edgeX no order-book sample | — | — | — | — | — |
Aftermath Perps and edgeX: 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 10 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 | 3.4220 | −4.004% | $31K | $408K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4190 | −4.089% | $36K | $56K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4085 | −4.383% | $44K | $625K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4090 | −4.369% | — | $4.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4130 | −4.257% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4090 | −4.369% | $147K | $230K | 10x | as long as short |
| QFEX CYPH-USD | +0.0001% | 1h | 3.3700 | −5.463% | $2.0M | $329K | 10x | as long as short |
| Binance CYPHUSDT | +0.0516% | 8h | 3.4126 | −4.268% | $247K | $2.7M | 20x | as long as short |
| edgeX CYPHUSDCshort | +0.0580% | 4h | 3.4117 | −4.295% | — | $27K | 10x | |
| Aftermath Perps CYPHUSDlong | +0.2369% | 1h | 3.5648 | long leg | $581 | $20K | 3x |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USD
Binance CYPHUSDT