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

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.047%
Price spread now: SunX against Bybit+0.029%56s7-day average +0.069% · 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 1 day (all we have)−0.047%−$5 on $10k
Price spread, last 1 day (all we have)+0.380%+$38 · spread now +0.029%, 7d avg +0.069%
Together, before fees+0.333%+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CYPHUSDT3.41100get 0.0000% / 8h6h 58m$32K$408K25x
ShortSunX CYPH-USDT3.41200get 0.0000% / 8h6h 58m$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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
$0
Price spread: +0.029% → +0.069%
−$3.97
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$22.97
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 17 min ago; SunX: live order book, 10 min ago. 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 Bybit live order book, 17 min ago16.08 bp99.7 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago27.80 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit

CYPH on 10 venues

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 CYPHUSDTlong0.0000%8h3.4110long leg$32K$408K25x
Gate CYPH_USDT0.0000%8h3.4190+0.235%$36K$55K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4165+0.161%$48K$638K20xas long as short
SunX CYPH-USDTshort0.0000%8h3.4120+0.029%$3.9M10x
HTX CYPH-USDT0.0000%8h3.4190+0.235%$8K$359K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4200+0.264%$148K$230K10xas long as short
QFEX CYPH-USD+0.0001%1h3.4100−0.029%$2.0M$331K10xas long as short
edgeX CYPHUSDC+0.0018%4h3.4153+0.127%$30K10xas long as short
Binance CYPHUSDT+0.0447%8h3.4139+0.084%$241K$2.7M20xas long as short
Aftermath Perps CYPHUSD+0.2373%1h3.5648+4.507%$529$20K3xas long as short