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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.2079%/8h= +227.7% APRpaid last 24h
Price spread now: Aftermath Perps against edgeX+4.207%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 6 hours (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Aftermath Perps is 4.207% dearer against edgeX than usual: you sell high and buy low: +$421 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CYPHUSDC3.42080.0299pay 0.0149% / 4h1h 57m$146$38K10x
ShortAftermath Perps CYPHUSD3.56480.2378get 0.0297% / 1h57m 23s$632$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against edgeX. 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
$436.6
Price spread: +4.207% → 0.000%
$420.74
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$839.34
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: edgeX: no order-book sample; Aftermath Perps: 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 edgeX no order-book sample
Sell Aftermath Perps no order-book sample
edgeX and Aftermath Perps: 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 10 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%8h3.4500+0.853%$39K$426K25xas long as short
Gate CYPH_USDT0.0000%8h3.4210+0.005%$36K$54K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4307+0.289%$45K$610K20xas long as short
SunX CYPH-USDT0.0000%8h3.4350+0.414%$3.6M10xas long as short
HTX CYPH-USDT0.0000%8h3.4360+0.444%$7K$357K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4340+0.385%$149K$224K10xas long as short
QFEX CYPH-USD+0.0028%1h3.4300+0.268%$2.1M$328K10xas long as short
Binance CYPHUSDT+0.0175%8h3.4330+0.356%$244K$2.6M20xas long as short
edgeX CYPHUSDClong+0.0299%4h3.4208long leg$146$38K10x
Aftermath Perps CYPHUSDshort+0.2378%1h3.5648+4.207%$632$20K3x