Funding you earn now, next payment 16:00 UTC−0.0480%/8h= −52.6% APRnext payment −$4.80 per $10,000 · paid last 24h —
Price spread now: Bitget against BloFin+0.099%7-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
The price spread pays, funding is against you. Bitget is 0.099% dearer against BloFin than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CYPH-USDT | 3.4460 | 0.0480 | pay 0.0480% / 8h | 4h 20m | $94K | $1K | 20x |
| Short | Bitget CYPHUSDT | 3.4494 | 0 | get 0.0000% / 8h | 4h 20m | $60K | $590K | 20x |
BloFin CYPH-USDT
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$100.84
- Price spread: +0.099% → 0.000%
- $9.87
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.98
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 17 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 Bitget live order book, 17 min ago | 19.25 bp | 57.8 bp −$58 | 62.5 bp −$625 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4570 | +0.319% | $35K | $395K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4400 | −0.174% | $2.1M | $314K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4590 | +0.377% | $37K | $53K | 20x | as long as short |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4494 | +0.099% | $60K | $590K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4560 | +0.290% | — | $3.2M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4580 | +0.348% | $6K | $349K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4550 | +0.261% | $153K | $212K | 10x | as long as short |
| BloFin CYPH-USDTlong | +0.0480% | 8h | 3.4460 | long leg | $94K | $1K | 20x | |
| Binance CYPHUSDT | +0.0499% | 8h | 3.4570 | +0.318% | $261K | $2.6M | 20x | as long as short |
| edgeX CYPHUSDC | +0.0918% | 4h | 3.4483 | +0.068% | $303 | $51K | 10x | as long as short |
Bybit CYPHUSDT
QFEX CYPH-USD
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
edgeX CYPHUSDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | +0.2374% | 1h | 3.5648 | +3.446% | $631 | $20K | 3x | as long as short |
Aftermath Perps CYPHUSD