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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.1993%/8h= +218.3% APRpaid last 24h
Price spread now: Aftermath Perps against BloFin+3.838%7-day average · 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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and Aftermath Perps is 3.838% dearer against BloFin than usual: you sell high and buy low: +$384 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CYPH-USDT3.43300.0373pay 0.0373% / 8h5h 05m$94K$85820x
ShortAftermath Perps CYPHUSD3.56470.2366get 0.0296% / 1h5m 12s$557$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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
$418.61
Price spread: +3.838% → 0.000%
$383.78
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$781.39
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Aftermath Perps no order-book sample
BloFin and Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CYPHUSDC−0.0050%4h3.4348+0.052%$302$45K10xas long as short
Bybit CYPHUSDT0.0000%8h3.4430+0.291%$40K$432K25xas long as short
Gate CYPH_USDT0.0000%8h3.4230−0.291%$36K$54K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4329−0.003%$44K$606K20xas long as short
SunX CYPH-USDT0.0000%8h3.4410+0.233%$3.5M10xas long as short
HTX CYPH-USDT0.0000%8h3.4380+0.146%$6K$352K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4420+0.262%$151K$218K10xas long as short
QFEX CYPH-USD+0.0028%1h3.4300−0.087%$2.1M$317K10xas long as short
BloFin CYPH-USDTlong+0.0373%8h3.4330long leg$94K$85820x
Binance CYPHUSDT+0.0406%8h3.4404+0.215%$257K$2.6M20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSDshort+0.2366%1h3.5647+3.838%$557$20K3x