Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2690 | +0.0025 | pay 0.0025% / 8h | 37m 00s | $47K | $48K | 20x | Long BloFin | |
| SHORT | 3.2652 | 0 | 0.0000% / 8h | 37m 00s | $148K | $1.9M | 20x | Short OKX |
Price gap−0.116%
Funding gap−0.0025% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.116% under zero (no 7-day history yet). Swap the legs.
Funding on this pair paid 0.437% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$44−0.0025% /8h now · paid +0.437% over the last 7D
Price—spread −0.116% now · no price history on both exchanges yet
Costsno datano order book for BloFin
Result, before costs—no pointsneeds both price histories
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
OKX price against BloFinnow
RANGE STATS · 7D
Now−0.116%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCYPH on 13 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for BloFin: its slippage is not counted.
- Note: Margin at max leverage$500 + $500BloFin 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.76Long BloFin: 3 payments, −$0.76; short OKX: 3 payments, $0.00.
- Note: No 7-day spread history−0.116%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$47K vs $148K OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0219%/8h × 21 periods+$46.06
Price spread−0.116% → 0−$11.62
Slippage, 4 ordersno data for BloFin—
Fee BloFin bp × 2 orders−$12.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$12.44
Costs to cover0.220%Break-even5.1 days
Slippage: BloFin: no order-book sample; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin—————
SELL · SHORTOKX3.2160.8 bp−$61doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin: no data.
| 09-23 09:29 | OKX | Listing | new market CYPH-USDT-SWAP ($CYPH) seen by our collector |
| 09-23 09:00 | KuCoin | Listing | new market CYPHUSDTM ($CYPH) seen by our collector |
| 09-22 13:38 | Phemex | Listing | Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗ |
| 09-22 10:08 | BloFin | Listing | new market CYPH-USDT ($CYPH) seen by our collector |
| 09-22 09:54 | BloFin | Listing | BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗ |
| 09-22 06:52 | edgeX | Listing | new market CYPHUSDC ($CYPH) seen by our collector |


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