CYPH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXCYPHUSDC	3.4062	+0.0919	pay 0.0459% / 4h	3h 41m	$8K	$238K	10x	Long edgeX
SHORT	BingXNCSKCYPH2USD-USDT	3.4040	−0.0191	pay 0.0191% / 8h	7h 41m	—	$1.3M	—	Short BingX

Price gap−0.066%

Funding gap−0.1110% /8h

Both sides work against this direction now: funding costs $33 a day on $10k and the gap is 0.065% under its 7d average. Swap the legs.

Funding on this pair paid 0.146% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$15−0.1110% /8h now · paid +0.146% over the last 7D

Price−$6spread −0.066% now, avg −0.001% → −0.065% if it goes back

Costs−$1381.384% of $10k · taker + slippage, in and out

Result−$130−1.30%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.146% in total, about +0.0070%/8h on average.

Price and funding

1h · loading 5m…

Entry / ExitedgeX: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

P&L

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.066%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CYPH on 14 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size26.0 / 36.3 bp
At $10k entering BingX costs 36.3 bp, fee and slippage, 1.4× edgeX’s.
Note: Margin at max leverage$1,000 + —
edgeX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$33.30Long edgeX: 6 payments, −$27.57; short BingX: 3 payments, −$5.73.
Watch: Gap narrower than usual−0.066% vs −0.001%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Open interest unknown$8K vs — OI
BingX reports no open interest, so the legs cannot be compared.
OK: Points on a legedgeX points
Volume here counts toward the points program.
Watch: KYCedgeX No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0070%/8h × 21 periods+$14.65

Price spread−0.066% → −0.001% (7d avg)−$6.47

Slippage, 4 orderslive order books−$119.39

Fee edgeX bp × 2 orders−$9.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$130.22

Costs to cover1.384%Break-even69.2 days

Slippage: edgeX: live order book, 9 min ago; BingX: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX8.8326.0 bp−$26doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX17.8036.3 bp−$36113.7 bp−$1,137416.8 bp−$41.7K882.2 bp−$441.1K

Closing costs about the same again.

CYPH news

posts that mention CYPH, from every exchangeSearch all news →

09-23 09:29	OKX	Listing	new market CYPH-USDT-SWAP ($CYPH) seen by our collector
09-23 09:00	KuCoin	Listing	new market CYPHUSDTM ($CYPH) seen by our collector
09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-22 10:08	BloFin	Listing	new market CYPH-USDT ($CYPH) seen by our collector
09-22 09:54	BloFin	Listing	BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗
09-22 06:52	edgeX	Listing	new market CYPHUSDC ($CYPH) seen by our collector