Funding you earn now, next payment 11:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h —
Price spread now: QFEX against edgeX−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CYPHUSDC | 3.4304 | −0.0202 | get 0.0101% / 4h | 1h 08m | $302 | $44K | 10x |
| Short | QFEX CYPH-USD | 3.4300 | 0.0028 | get 0.0004% / 1h | 8m 52s | $2.1M | $319K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $48.31
- Price spread: −0.012% → 0.000%
- −$1.17
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $28.14
- Costs to cover
- 0.190%
- Break-even
- 2.9 days
Slippage unknown: edgeX: no order-book sample; QFEX: live order book, 1 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 QFEX live order book, 1 min ago | 29.16 bp | 60.0 bp −$60 | 75.0 bp −$750 | 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 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CYPHUSDClong | −0.0202% | 4h | 3.4304 | long leg | $302 | $44K | 10x | |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4430 | +0.367% | $40K | $432K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4230 | −0.216% | $36K | $54K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4198 | −0.309% | $44K | $607K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4370 | +0.192% | — | $3.5M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4380 | +0.221% | $6K | $354K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4330 | +0.076% | $151K | $218K | 10x | as long as short |
| QFEX CYPH-USDshort | +0.0028% | 1h | 3.4300 | −0.012% | $2.1M | $319K | 10x | |
| Binance CYPHUSDT | +0.0351% | 8h | 3.4373 | +0.201% | $257K | $2.6M | 20x | as long as short |
| BloFin CYPH-USDT | +0.0368% | 8h | 3.4310 | +0.017% | $94K | $823 | 20x | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | +0.2365% | 1h | 3.5647 | +3.916% | $529 | $20K | 3x | as long as short |
edgeX CYPHUSDC
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
BloFin CYPH-USDT
Aftermath Perps CYPHUSD