Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against Bybit−0.322%7-day average +0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$633as in the Price arb table
costs, in and out, $10k−$5845.841% of the position
Funding, last 23 hours (all we have)−0.025%−$2 on $10k
+Price spread, last 12 hours (all we have)+0.666%+$67 · spread now −0.322%, 7d avg +0.165%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.488% cheaper against Bybit than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of +0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CYPHUSDT | 3.4120 | 0 | get 0.0000% / 8h | 1h 08m | $36K | $203K | 25x |
| Short | Gate CYPH_USDT | 3.4010 | 0 | get 0.0000% / 8h | 1h 08m | $36K | $110K | 20x |
Bybit CYPHUSDT
Gate CYPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.322% → +0.165%
- −$48.78
- Slippage, 4 orders
- −$558.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$632.9
- Costs to cover
- 5.841%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 65 min ago; Gate: live order book, 1 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, 65 min ago | 29.89 bp | 152.5 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 58.67 bp | 152.3 bp −$152 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDTlong | 0.0000% | 8h | 3.4120 | long leg | $36K | $203K | 25x | |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4000 | −0.352% | $2.1M | $430K | 10x | as long as short |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.4010 | −0.322% | $36K | $110K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4024 | −0.281% | $51K | $577K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4080 | −0.117% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4130 | +0.029% | $5K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4020 | −0.293% | $125K | $258K | 10x | as long as short |
| Aftermath Perps CYPHUSD | +0.0102% | 1h | 3.4716 | +1.746% | $515 | $22K | 3x | as long as short |
| Binance CYPHUSDT | +0.0614% | 8h | 3.4030 | −0.264% | $207K | $3.1M | 20x | as long as short |
QFEX CYPH-USD
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Aftermath Perps CYPHUSD
Binance CYPHUSDT