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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1147%/8h= −125.6% APRpaid last 24h +0.063%
Price spread now: HTX against Aftermath Perps−2.731%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 2 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 −$34 a day on $10k at the current rate, and HTX is 2.731% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$273 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 CYPHUSD3.52730.1147pay 0.0143% / 1h53m 29s$587$22K3x
ShortHTX CYPH-USDT3.43100get 0.0000% / 8h7h 53m$5K$359K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$240.95
Price spread: −2.731% → 0.000%
−$273.09
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$535.04
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; HTX: 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 HTX live order book, 19 min ago37.54 bp213.2 bp −$213doesn't fitdoesn'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
QFEX CYPH-USD0.0000%1h3.4400−2.476%$2.1M$438K10xas long as short
Gate CYPH_USDT0.0000%8h3.4260−2.873%$37K$73K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4293−2.779%$57K$571K20xas long as short
SunX CYPH-USDT0.0000%8h3.4290−2.788%$6.0M10xas long as short
HTX CYPH-USDTshort0.0000%8h3.4310−2.731%$5K$359K20x
Phemex CYPHUSDT0.0000%8h3.4330−2.674%$129K$256K10xas long as short
Binance CYPHUSDT+0.0877%8h3.4250−2.901%$222K$3.0M20xas long as short
Aftermath Perps CYPHUSDlong+0.1147%1h3.5273long leg$587$22K3x
Bybit CYPHUSDT+0.1546%8h3.4110−3.298%$33K$215K25xas long as short