Funding you earn now, next payment 12:00 UTC−0.0299%/8h= −32.7% APRpaid last 24h —
Price spread now: SunX against edgeX+0.356%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SunX is 0.356% dearer against edgeX than usual: you sell high and buy low (spread +0.356% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CYPHUSDC | 3.4208 | 0.0299 | pay 0.0149% / 4h | 1h 57m | $146 | $38K | 10x |
| Short | SunX CYPH-USDT | 3.4330 | 0 | get 0.0000% / 8h | 5h 57m | — | $3.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$62.79
- Price spread: +0.356% → 0.000%
- $35.6
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$44.19
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: edgeX: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago | 27.76 bp | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4500 | +0.853% | $39K | $426K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4210 | +0.005% | $36K | $54K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4307 | +0.289% | $45K | $610K | 20x | as long as short |
| SunX CYPH-USDTshort | 0.0000% | 8h | 3.4330 | +0.356% | — | $3.6M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4340 | +0.385% | $7K | $357K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4300 | +0.268% | $149K | $224K | 10x | as long as short |
| QFEX CYPH-USD | +0.0028% | 1h | 3.4300 | +0.268% | $2.1M | $328K | 10x | as long as short |
| Binance CYPHUSDT | +0.0175% | 8h | 3.4330 | +0.356% | $244K | $2.6M | 20x | as long as short |
| edgeX CYPHUSDClong | +0.0299% | 4h | 3.4208 | long leg | $146 | $38K | 10x | |
| Aftermath Perps CYPHUSD | +0.2378% | 1h | 3.5648 | +4.207% | $632 | $20K | 3x | as long as short |
edgeX CYPHUSDC
SunX CYPH-USDT
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD