Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h —
Price spread now: edgeX against Binance−0.161%80s7-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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.161% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 80 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 | Binance CYPHUSDT | 3.4150 | 0.0538 | pay 0.0538% / 8h | 7h 22m | $246K | $2.7M | 20x |
| Short | edgeX CYPHUSDC | 3.4095 | 0.0542 | get 0.0271% / 4h | 3h 22m | — | $26K | 10x |
Binance CYPHUSDT
edgeX CYPHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $0.86
- Price spread: −0.161% → 0.000%
- −$16.14
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$34.28
- Costs to cover
- 0.190%
- Break-even
- 285.7 days
Slippage unknown: Binance: live order book, 13 min ago; 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 Binance live order book, 13 min ago | 7.29 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX no order-book sample | — | — | — | — | — |
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 | 3.4200 | +0.146% | $31K | $408K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | +0.146% | $36K | $56K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4168 | +0.053% | $44K | $625K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4140 | −0.029% | — | $4.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4160 | +0.029% | $8K | $358K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4140 | −0.029% | $147K | $230K | 10x | as long as short |
| QFEX CYPH-USD | +0.0001% | 1h | 3.3700 | −1.318% | $2.0M | $329K | 10x | as long as short |
| Binance CYPHUSDTlong | +0.0538% | 8h | 3.4150 | long leg | $246K | $2.7M | 20x | |
| edgeX CYPHUSDCshort | +0.0542% | 4h | 3.4095 | −0.161% | — | $26K | 10x | |
| Aftermath Perps CYPHUSD | +0.2369% | 1h | 3.5647 | +4.385% | $564 | $20K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USD
Aftermath Perps CYPHUSD