Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Bybit against Gate+0.058%7-day average −0.107% · 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−$598as in the Price arb table
costs, in and out, $10k−$6156.145% of the position
Funding, last 24 hours (all we have)+0.025%+$2 on $10k
+Price spread, last 18 hours (all we have)−0.136%−$14 · spread now +0.058%, 7d avg −0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.166% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4360 | 0 | get 0.0000% / 8h | 4m 39s | $37K | $110K | 20x |
| Short | Bybit CYPHUSDT | 3.4380 | 0 | get 0.0000% / 8h | 4m 39s | $34K | $208K | 25x |
Gate CYPH_USDT
Bybit CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.058% → −0.107%
- $16.56
- Slippage, 4 orders
- −$588.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$597.94
- Costs to cover
- 6.145%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; Bybit: live order book, 55 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, just now | 59.45 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 55 min ago | 54.09 bp | 209.6 bp −$210 | doesn't fit | 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 CYPHUSDTshort | 0.0000% | 8h | 3.4380 | +0.058% | $34K | $208K | 25x | |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4300 | −0.175% | $2.1M | $438K | 10x | as long as short |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4360 | long leg | $37K | $110K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4499 | +0.405% | $57K | $604K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4440 | +0.233% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4510 | +0.437% | $5K | $360K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4480 | +0.349% | $129K | $262K | 10x | as long as short |
| Binance CYPHUSDT | +0.0837% | 8h | 3.4470 | +0.320% | $219K | $3.2M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.1004% | 1h | 3.5195 | +2.429% | $571 | $22K | 3x | as long as short |
QFEX CYPH-USD
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD