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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h
Price spread now: edgeX against BloFin+0.088%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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.088% dearer against BloFin than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CYPH-USDT3.44000.0555pay 0.0555% / 8h4h 31m$94K$1K20x
ShortedgeX CYPHUSDC3.44300.0216get 0.0108% / 4h31m 57s$303$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$71.3
Price spread: +0.088% → 0.000%
$8.78
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$83.52
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; edgeX: 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 edgeX no order-book sample
BloFin and edgeX: 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
Bybit CYPHUSDT0.0000%8h3.4460+0.174%$35K$401K25xas long as short
QFEX CYPH-USD0.0000%1h3.44000.000%$2.1M$316K10xas long as short
Gate CYPH_USDT0.0000%8h3.4450+0.145%$37K$53K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4359−0.119%$45K$576K20xas long as short
SunX CYPH-USDT0.0000%8h3.44000.000%$3.3M10xas long as short
HTX CYPH-USDT0.0000%8h3.4440+0.116%$6K$349K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4450+0.145%$152K$212K10xas long as short
edgeX CYPHUSDCshort+0.0216%4h3.4430+0.088%$303$49K10x
Binance CYPHUSDT+0.0542%8h3.4441+0.118%$258K$2.6M20xas long as short
BloFin CYPH-USDTlong+0.0555%8h3.4400long leg$94K$1K20x
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSD+0.2373%1h3.5648+3.626%$598$20K3xas long as short