Funding you earn now, next payment 16:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h —
Price spread now: Binance against BloFin+0.320%111s7-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 +$2 a day on $10k at the current rate, and Binance is 0.320% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CYPH-USDT | 3.4330 | 0.0373 | pay 0.0373% / 8h | 5h 03m | $94K | $858 | 20x |
| Short | Binance CYPHUSDT | 3.4440 | 0.0439 | get 0.0439% / 8h | 5h 03m | $259K | $2.6M | 20x |
BloFin CYPH-USDT
Binance CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $13.84
- Price spread: +0.320% → 0.000%
- $32.04
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $23.88
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 10 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.91 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CYPHUSDC | −0.0711% | 4h | 3.4393 | +0.185% | $302 | $45K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4450 | +0.350% | $40K | $432K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4240 | −0.262% | $36K | $54K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4385 | +0.160% | $45K | $605K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4440 | +0.320% | — | $3.5M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4400 | +0.204% | $6K | $351K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4440 | +0.320% | $151K | $218K | 10x | as long as short |
| QFEX CYPH-USD | +0.0028% | 1h | 3.4300 | −0.087% | $2.1M | $317K | 10x | as long as short |
| BloFin CYPH-USDTlong | +0.0373% | 8h | 3.4330 | long leg | $94K | $858 | 20x | |
| Binance CYPHUSDTshort | +0.0439% | 8h | 3.4440 | +0.320% | $259K | $2.6M | 20x |
edgeX CYPHUSDC
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | +0.2367% | 1h | 3.5647 | +3.838% | $557 | $20K | 3x | as long as short |
Aftermath Perps CYPHUSD