Funding you earn now, next payment 12:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h —
Price spread now: edgeX against Gate−0.244%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.244% cheaper against Gate than usual: you would sell low and buy high (spread −0.244% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 34 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4200 | 0 | get 0.0000% / 8h | 7h 19m | $36K | $56K | 20x |
| Short | edgeX CYPHUSDC | 3.4117 | 0.0580 | get 0.0290% / 4h | 3h 19m | — | $27K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $121.8
- Price spread: −0.244% → 0.000%
- −$24.4
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $73.4
- Costs to cover
- 0.240%
- Break-even
- 2.8 days
Slippage unknown: Gate: no order-book sample; edgeX: 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 edgeX no order-book sample | — | — | — | — | — |
Gate and 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 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 | 3.4250 | +0.146% | $31K | $408K | 25x | as long as short |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4200 | long leg | $36K | $56K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4141 | −0.173% | $44K | $625K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4080 | −0.351% | — | $4.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4100 | −0.292% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4110 | −0.263% | $147K | $230K | 10x | as long as short |
| QFEX CYPH-USD | +0.0001% | 1h | 3.3700 | −1.462% | $2.0M | $329K | 10x | as long as short |
| Binance CYPHUSDT | +0.0524% | 8h | 3.4140 | −0.175% | $247K | $2.7M | 20x | as long as short |
| edgeX CYPHUSDCshort | +0.0580% | 4h | 3.4117 | −0.244% | — | $27K | 10x | |
| Aftermath Perps CYPHUSD | +0.2369% | 1h | 3.5648 | +4.232% | $581 | $20K | 3x | as long as short |
Gate CYPH_USDT
edgeX CYPHUSDC
Bybit CYPHUSDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD