Funding you earn now, next payment 08:00 UTC−0.0486%/8h= −53.2% APRnext payment −$4.86 per $10,000 · paid last 24h −0.199%
Price spread now: HTX against Binance0.000%53s7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)−0.199%−$20 on $10k
+Price spread, last 2 days (all we have)+0.150%+$15 · spread now 0.000%, 7d avg +0.104%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and HTX is 0.104% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.104%). Swap the legs. The two prices were read 53 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 | 3.3830 | 0.0486 | pay 0.0486% / 8h | 3h 48m | $243K | $2.7M | 20x |
| Short | HTX CYPH-USDT | 3.3830 | 0 | get 0.0000% / 8h | 3h 48m | $5K | $351K | 20x |
Binance CYPHUSDT
HTX CYPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$102.04
- Price spread: 0.000% → +0.104%
- −$10.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$134.41
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; HTX: live order book, 4 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 Binance live order book, 2 min ago | 7.39 bp | 47.5 bp −$47 | 498.6 bp −$4,986 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 45.63 bp | 243.7 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CYPH-USD | −0.0002% | 1h | 3.3900 | +0.207% | $2.0M | $351K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.3770 | −0.177% | $28K | $374K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4090 | +0.769% | $35K | $56K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.3911 | +0.239% | $54K | $625K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3800 | −0.089% | — | $4.6M | 10x | as long as short |
| HTX CYPH-USDTshort | 0.0000% | 8h | 3.3830 | 0.000% | $5K | $351K | 20x | |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3840 | +0.030% | $137K | $232K | 10x | as long as short |
| Binance CYPHUSDTlong | +0.0486% | 8h | 3.3830 | long leg | $243K | $2.7M | 20x | |
| Aftermath Perps CYPHUSD | +0.2357% | 1h | 3.5648 | +5.372% | $596 | $20K | 3x | as long as short |
QFEX CYPH-USD
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
Phemex CYPHUSDT
Aftermath Perps CYPHUSD