Settings8H · net · $10k
Funding arb · Price arb /

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
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: SunX against Bitget+0.230%7-day average −0.163% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 2 days (all we have)+0.276%+$28 on $10k
Price spread, last 2 days (all we have)−0.608%−$61 · spread now +0.230%, 7d avg −0.163%
Together, before fees−0.332%−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.393% dearer against Bitget than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.163%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CYPHUSDT3.38720get 0.0000% / 8h1h 30m$53K$574K20x
ShortSunX CYPH-USDT3.39500get 0.0000% / 8h1h 30m$6.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.230% → −0.163%
$39.31
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$19.31
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Bitget: live order book, 49 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 49 min ago8.96 bp53.0 bp −$5359.2 bp −$592doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago72.56 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CYPH on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSD−0.0277%1h3.4112+0.709%$507$23K3xas long as short
Bybit CYPHUSDT0.0000%8h3.3910+0.112%$16K$190K25xas long as short
QFEX CYPH-USD0.0000%1h3.3900+0.083%$2.0M$418K10xas long as short
Gate CYPH_USDT0.0000%8h3.3960+0.260%$36K$110K20xas long as short
Bitget CYPHUSDTlong0.0000%8h3.3872long leg$53K$574K20x
SunX CYPH-USDTshort0.0000%8h3.3950+0.230%$6.0M10x
HTX CYPH-USDT0.0000%8h3.4120+0.732%$5K$358K20xas long as short
Phemex CYPHUSDT0.0000%8h3.3940+0.201%$123K$256K10xas long as short
Binance CYPHUSDT+0.0567%8h3.3944+0.212%$201K$3.1M20xas long as short