Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.300%
Price spread now: Bitget against Bybit+0.003%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$667as in the Price arb table
costs, in and out, $10k−$6466.463% of the position
Funding, last 22 hours (all we have)−0.300%−$30 on $10k
+Price spread, last 12 hours (all we have)+0.498%+$50 · spread now +0.003%, 7d avg +0.212%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.209% cheaper against Bybit than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.212%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CYPHUSDT | 3.3860 | 0 | get 0.0000% / 8h | 1h 35m | $16K | $190K | 25x |
| Short | Bitget CYPHUSDT | 3.3861 | 0 | get 0.0000% / 8h | 1h 35m | $53K | $574K | 20x |
Bybit CYPHUSDT
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $0
- Price spread: +0.003% → +0.212%
- −$20.95
- Slippage, 4 orders
- −$623.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$667.21
- Costs to cover
- 6.463%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 38 min ago; Bitget: live order book, 44 min ago.
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 Bybit live order book, 38 min ago | 29.89 bp | 152.5 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 44 min ago | 8.96 bp | 256.0 bp −$256 | 358.5 bp −$3,585 | doesn't fit | doesn't fit |
CYPH on 9 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | −0.0312% | 1h | 3.4076 | +0.639% | $583 | $23K | 3x | as long as short |
| Bybit CYPHUSDTlong | 0.0000% | 8h | 3.3860 | long leg | $16K | $190K | 25x | |
| QFEX CYPH-USD | 0.0000% | 1h | 3.3900 | +0.118% | $2.0M | $417K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.3850 | −0.030% | $36K | $110K | 20x | as long as short |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.3861 | +0.003% | $53K | $574K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3950 | +0.266% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3960 | +0.295% | $5K | $358K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3880 | +0.059% | $122K | $255K | 10x | as long as short |
| Binance CYPHUSDT | +0.0531% | 8h | 3.3935 | +0.221% | $200K | $3.1M | 20x | as long as short |
Aftermath Perps CYPHUSD
QFEX CYPH-USD
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT