Funding you earn now, next payment 16:00 UTC+0.0555%/8h= +60.8% APRnext payment +$5.55 per $10,000 · paid last 24h —
Price spread now: BloFin against Bitget+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BloFin is 0.023% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.4392 | 0 | get 0.0000% / 8h | 4h 32m | $45K | $577K | 20x |
| Short | BloFin CYPH-USDT | 3.4400 | 0.0555 | get 0.0555% / 8h | 4h 32m | $94K | $1K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $116.56
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $94.89
- Costs to cover
- 0.240%
- Break-even
- 1.3 days
Slippage unknown: Bitget: live order book, 5 min ago; BloFin: 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 Bitget live order book, 5 min ago | 19.25 bp | 45.4 bp −$45 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 11 exchanges
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 | 3.4450 | +0.169% | $35K | $411K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4400 | +0.023% | $2.1M | $316K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4430 | +0.110% | $37K | $53K | 20x | as long as short |
| Bitget CYPHUSDTlong | 0.0000% | 8h | 3.4392 | long leg | $45K | $577K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4430 | +0.110% | — | $3.3M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4430 | +0.110% | $6K | $349K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4420 | +0.081% | $152K | $212K | 10x | as long as short |
| edgeX CYPHUSDC | +0.0216% | 4h | 3.4430 | +0.111% | $303 | $49K | 10x | as long as short |
| Binance CYPHUSDT | +0.0546% | 8h | 3.4455 | +0.182% | $258K | $2.6M | 20x | as long as short |
| BloFin CYPH-USDTshort | +0.0555% | 8h | 3.4400 | +0.023% | $94K | $1K | 20x |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | +0.2372% | 1h | 3.5648 | +3.651% | $598 | $20K | 3x | as long as short |
Bitget CYPHUSDT
BloFin CYPH-USDT
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
edgeX CYPHUSDC
Binance CYPHUSDT
Aftermath Perps CYPHUSD