Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.300%
Price spread now: Bybit against Bitget+0.360%7-day average −0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3563.565% of the position
Funding, last 1 day (all we have)+0.300%+$30 on $10k
+Price spread, last 18 hours (all we have)−1.013%−$101 · spread now +0.360%, 7d avg −0.180%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.539% dearer against Bitget than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of −0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.4197 | 0 | get 0.0000% / 8h | 5h 41m | $57K | $594K | 20x |
| Short | Bybit CYPHUSDT | 3.4320 | 0 | get 0.0000% / 8h | 5h 41m | $72K | $300K | 25x |
Bitget CYPHUSDT
Bybit CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.360% → −0.180%
- $53.93
- Slippage, 4 orders
- −$333.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$302.55
- Costs to cover
- 3.565%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 18 min ago; Bybit: live order book, 4 min ago.
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, 18 min ago | 5.96 bp | 56.8 bp −$57 | 61.5 bp −$615 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 10.19 bp | 124.3 bp −$124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDTshort | 0.0000% | 8h | 3.4320 | +0.360% | $72K | $300K | 25x | |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4100 | −0.284% | $2.0M | $384K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4230 | +0.096% | $36K | $63K | 20x | as long as short |
| Bitget CYPHUSDTlong | 0.0000% | 8h | 3.4197 | long leg | $57K | $594K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4090 | −0.313% | — | $4.8M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4130 | −0.196% | $5K | $355K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4130 | −0.196% | $134K | $230K | 10x | as long as short |
| Binance CYPHUSDT | +0.0902% | 8h | 3.4097 | −0.293% | $230K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2215% | 1h | 3.5647 | +4.242% | $529 | $21K | 3x | as long as short |
QFEX CYPH-USD
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD