Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.276%
Price spread now: Gate against Bitget−0.221%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4124.122% of the position
Funding, last 4 days (all we have)+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.221%, 7d avg −0.205%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.3975 | 0 | get 0.0000% / 8h | 2h 45m | $50K | $583K | 20x |
| Short | Gate CYPH_USDT | 3.3900 | 0 | get 0.0000% / 8h | 2h 45m | $38K | $104K | 20x |
Bitget CYPHUSDT
Gate CYPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.221% → −0.205%
- −$1.53
- Slippage, 4 orders
- −$385.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$413.76
- Costs to cover
- 4.122%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 39 min ago; Gate: live order book, 36 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, 39 min ago | 13.99 bp | 45.7 bp −$46 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 80.16 bp | 148.7 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | −0.0386% | 1h | 3.3318 | −1.933% | $479 | $23K | 3x | as long as short |
| QFEX CYPH-USD | −0.0019% | 1h | 3.4000 | +0.074% | $2.0M | $401K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4060 | +0.250% | $16K | $181K | 25x | as long as short |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.3900 | −0.221% | $38K | $104K | 20x | |
| Bitget CYPHUSDTlong | 0.0000% | 8h | 3.3975 | long leg | $50K | $583K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4090 | +0.338% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4110 | +0.397% | $4K | $357K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4020 | +0.132% | $117K | $244K | 10x | as long as short |
| Binance CYPHUSDT | +0.0526% | 8h | 3.3970 | −0.015% | $202K | $3.0M | 20x | as long as short |
Aftermath Perps CYPHUSD
QFEX CYPH-USD
Bybit CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT