CYPH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceCYPHUSDT	3.1660	0	0.0000% / 8h	33m 46s	$340K	$5.6M	20x	Long Binance
SHORT	OKXCYPH-USDT-SWAP	3.1654	0	0.0000% / 8h	33m 46s	$143K	$1.9M	20x	Short OKX

Price gap−0.019%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.077% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$430.0000% /8h now · paid +0.432% over the last 7D

Price−$8spread −0.019% now, avg +0.058% → −0.077% if it goes back

Costs−$1781.781% of $10k · taker + slippage, in and out

Result−$143−1.43%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

OKX price against Binancenow

RANGE STATS · 7D

Now−0.019%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CYPH on 13 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size43.4 / 66.2 bp
At $10k entering OKX costs 66.2 bp, fee and slippage, 1.5× Binance’s.
Note: Margin at max leverage$500 + $500
Binance 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short OKX: 3 payments, $0.00.
Watch: Gap narrower than usual−0.019% vs +0.058%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$143K vs $340K OI
OKX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · OKX Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0217%/8h × 21 periods+$45.57

Price spread−0.019% → +0.058% (7d avg)−$7.69

Slippage, 4 orderslive order books−$158.08

Fee Binance bp × 2 orders−$10.00

Fee OKX bp × 2 orders−$10.00

Net · 7 days · $10k−$140.20

Costs to cover1.781%Break-even28.5 days

Slippage: Binance: live order book, 10 min ago; OKX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance13.6643.4 bp−$43145.7 bp−$1,457doesn’t fitdoesn’t fit

SELL · SHORTOKX2.3066.2 bp−$66doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

CYPH news

posts that mention CYPH, from every exchangeSearch all news →

09-23 09:29	OKX	Listing	new market CYPH-USDT-SWAP ($CYPH) seen by our collector
09-23 09:00	KuCoin	Listing	new market CYPHUSDTM ($CYPH) seen by our collector
09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-22 10:08	BloFin	Listing	new market CYPH-USDT ($CYPH) seen by our collector
09-22 09:54	BloFin	Listing	BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗
09-22 06:52	edgeX	Listing	new market CYPHUSDC ($CYPH) seen by our collector