CYPH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXCYPHUSDC	2.8324	+0.0804	pay 0.0402% / 4h	57m 26s	$13K	$213K	10x	Long edgeX
SHORT	MEXCCYPHSTOCK_USDT	2.8490	0	0.0000% / 8h	57m 26s	$33K	$115K	20x	Short MEXC

Price gap+0.587%

Funding gap−0.0804% /8h

The gap pays +$53 on $10k if it goes back to its 7d average, but funding costs $24 a day and eats that in about 2.2 days.

If you open now and hold

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

Funding+$50−0.0804% /8h now · paid +0.499% over the last 7D

Price+$53spread +0.587% now, avg +0.055% → +0.532% if it goes back

Costs−$1731.729% of $10k · taker + slippage, in and out

Result−$70−0.70%+ 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 +0.499% in total, about +0.0238%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.587%

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 16 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size32.5 / 57.0 bp
At $10k entering MEXC costs 57.0 bp, fee and slippage, 1.8× edgeX’s.
Note: Margin at max leverage$1,000 + $500
edgeX 10x, MEXC 20x. 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: −$24.12Long edgeX: 6 payments, −$24.12; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you+0.587% vs +0.055%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$13K vs $33K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
Watch: KYCedgeX No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0238%/8h × 21 periods+$49.89

Price spread+0.587% → +0.055% (7d avg)+$53.19

Slippage, 4 orderslive order books−$155.87

Fee edgeX bp × 2 orders−$9.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$69.79

Costs to cover1.729%Break-even16.8 days

Slippage: edgeX: live order book, 44 min ago; MEXC: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX11.0332.5 bp−$32doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC5.4257.0 bp−$57187.2 bp−$1,872235.9 bp−$23.6K307.8 bp−$153.9K

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