Funding you earn now, next payment 16:00 UTC+0.0373%/8h= +40.8% APRnext payment +$3.73 per $10,000 · paid last 24h —
Price spread now: BloFin against Gate+0.263%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.263% dearer against Gate than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4240 | 0 | get 0.0000% / 8h | 5h 03m | $36K | $54K | 20x |
| Short | BloFin CYPH-USDT | 3.4330 | 0.0373 | get 0.0373% / 8h | 5h 03m | $94K | $858 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $78.31
- Price spread: +0.263% → 0.000%
- $26.29
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $77.6
- Costs to cover
- 0.270%
- Break-even
- 0.1 days
Slippage unknown: Gate: no order-book sample; BloFin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate and BloFin: 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 CYPHUSDC | −0.0711% | 4h | 3.4393 | +0.448% | $302 | $45K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4450 | +0.613% | $40K | $432K | 25x | as long as short |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4240 | long leg | $36K | $54K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4385 | +0.423% | $45K | $605K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4440 | +0.584% | — | $3.5M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4400 | +0.467% | $6K | $351K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4440 | +0.584% | $151K | $218K | 10x | as long as short |
| QFEX CYPH-USD | +0.0028% | 1h | 3.4300 | +0.175% | $2.1M | $317K | 10x | as long as short |
| BloFin CYPH-USDTshort | +0.0373% | 8h | 3.4330 | +0.263% | $94K | $858 | 20x | |
| Binance CYPHUSDT | +0.0439% | 8h | 3.4440 | +0.584% | $259K | $2.6M | 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 | +0.2367% | 1h | 3.5647 | +4.111% | $557 | $20K | 3x | as long as short |
Gate CYPH_USDT
BloFin CYPH-USDT
edgeX CYPHUSDC
Bybit CYPHUSDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD