Funding you earn now, next payment 12:00 UTC−0.0461%/8h= −50.5% APRpaid last 24h —
Price spread now: Binance against edgeX−0.138%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.138% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CYPHUSDC | 3.4187 | 0.0928 | pay 0.0464% / 4h | 3h 03m | — | $29K | 10x |
| Short | Binance CYPHUSDT | 3.4140 | 0.0466 | get 0.0466% / 8h | 7h 03m | $243K | $2.7M | 20x |
edgeX CYPHUSDC
Binance CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$96.9
- Price spread: −0.138% → 0.000%
- −$13.81
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$129.71
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: edgeX: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.
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 edgeX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 10.24 bp | 42.4 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
edgeX: 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 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 CYPHUSDT | 0.0000% | 8h | 3.4300 | +0.330% | $32K | $408K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4220 | +0.096% | $36K | $56K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4212 | +0.073% | $48K | $620K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4160 | −0.080% | — | $3.9M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4160 | −0.080% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4150 | −0.109% | $147K | $230K | 10x | as long as short |
| QFEX CYPH-USD | +0.0001% | 1h | 3.4300 | +0.330% | $2.1M | $330K | 10x | as long as short |
| Binance CYPHUSDTshort | +0.0466% | 8h | 3.4140 | −0.138% | $243K | $2.7M | 20x | |
| edgeX CYPHUSDClong | +0.0928% | 4h | 3.4187 | long leg | — | $29K | 10x | |
| Aftermath Perps CYPHUSD | +0.2372% | 1h | 3.5648 | +4.271% | $571 | $20K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USD
Aftermath Perps CYPHUSD