Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.276%
Price spread now: Bitget against Gate0.000%7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$347as in the Price arb table
costs, in and out, $10k−$3263.263% of the position
Funding, last 4 days (all we have)−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now 0.000%, 7d avg +0.205%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.205% cheaper against Gate than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4410 | 0 | get 0.0000% / 8h | 28m 09s | $37K | $109K | 20x |
| Short | Bitget CYPHUSDT | 3.4410 | 0 | get 0.0000% / 8h | 28m 09s | $59K | $599K | 20x |
Gate CYPH_USDT
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: 0.000% → +0.205%
- −$20.49
- Slippage, 4 orders
- −$299.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$346.83
- Costs to cover
- 3.263%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; Bitget: live order book, 47 min ago.
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 Gate live order book, 42 min ago | 58.67 bp | 94.5 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 47 min ago | 8.98 bp | 56.3 bp −$56 | 60.4 bp −$604 | doesn't fit | doesn't fit |
CYPH on 9 venues
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 | 3.4330 | −0.232% | $36K | $204K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4300 | −0.320% | $2.1M | $434K | 10x | as long as short |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4410 | long leg | $37K | $109K | 20x | |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4410 | 0.000% | $59K | $599K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4310 | −0.291% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4380 | −0.087% | $5K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4350 | −0.174% | $127K | $260K | 10x | as long as short |
| Aftermath Perps CYPHUSD | +0.0713% | 1h | 3.5022 | +1.777% | $520 | $22K | 3x | as long as short |
| Binance CYPHUSDT | +0.0725% | 8h | 3.4320 | −0.262% | $209K | $3.2M | 20x | as long as short |
Bybit CYPHUSDT
QFEX CYPH-USD
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Aftermath Perps CYPHUSD
Binance CYPHUSDT