Settings8H · net · $10k
Funding arb · Price arb /

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.2365%/8h= +258.9% APRpaid last 24h −0.048%
Price spread now: Aftermath Perps against Gate+5.748%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$71 a day on $10k at the current rate, and Aftermath Perps is 5.748% dearer against Gate than usual: you sell high and buy low: +$575 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CYPH_USDT3.37100get 0.0000% / 8h2h 22m$35K$55K20x
ShortAftermath Perps CYPHUSD3.56480.2365get 0.0296% / 1h22m 35s$582$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$496.59
Price spread: +5.748% → 0.000%
$574.76
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$1,047.35
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Gate: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell Aftermath Perps no order-book sample
Gate and Aftermath Perps: 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 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CYPHUSDT−0.0400%8h3.3689−0.062%$45K$627K20xas long as short
Bybit CYPHUSDT0.0000%8h3.3550−0.475%$29K$386K25xas long as short
QFEX CYPH-USD0.0000%1h3.3400−0.920%$2.0M$339K10xas long as short
Gate CYPH_USDTlong0.0000%8h3.3710long leg$35K$55K20x
SunX CYPH-USDT0.0000%8h3.3450−0.771%$4.5M10xas long as short
HTX CYPH-USDT0.0000%8h3.3470−0.712%$7K$359K20xas long as short
Phemex CYPHUSDT0.0000%8h3.3480−0.682%$139K$236K10xas long as short
Binance CYPHUSDT+0.0051%8h3.3457−0.750%$243K$2.8M20xas long as short
Aftermath Perps CYPHUSDshort+0.2365%1h3.5648+5.748%$582$20K3x