Funding you earn now, next payment 01:00 UTC−0.1298%/8h= −142.1% APRpaid last 24h +0.063%
Price spread now: Gate against Aftermath Perps−3.084%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 −$39 a day on $10k at the current rate, and Gate is 3.084% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$308 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 | 3.5371 | 0.1298 | pay 0.0162% / 1h | 40m 38s | $525 | $22K | 3x |
| Short | Gate CYPH_USDT | 3.4280 | 0 | get 0.0000% / 8h | 7h 40m | $37K | $73K | 20x |
Aftermath Perps CYPHUSD
Gate CYPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$272.48
- Price spread: −3.084% → 0.000%
- −$308.4
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$604.88
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 24 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 Gate live order book, 24 min ago | 59.45 bp | 153.7 bp −$154 | 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 | −0.1485% | 8h | 3.4110 | −3.565% | $18K | $229K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4300 | −3.027% | $2.1M | $434K | 10x | as long as short |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.4280 | −3.084% | $37K | $73K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4156 | −3.435% | $56K | $554K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4160 | −3.423% | — | $5.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4250 | −3.169% | $5K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4200 | −3.310% | $128K | $245K | 10x | as long as short |
| Binance CYPHUSDT | +0.0842% | 8h | 3.4183 | −3.359% | $220K | $2.9M | 20x | as long as short |
| Aftermath Perps CYPHUSDlong | +0.1298% | 1h | 3.5371 | long leg | $525 | $22K | 3x |
Bybit CYPHUSDT
QFEX CYPH-USD
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT