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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate−0.117%7-day average · you buy dearer than you sell
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 2 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CYPH_USDT3.43300get 0.0000% / 8h7h 34m$36K$56K20x
ShortHTX CYPH-USDT3.42900get 0.0000% / 8h7h 34m$8K$358K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.117% → 0.000%
−$11.65
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$38.65
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; HTX: live order book, 63 min ago. 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 HTX live order book, 63 min ago59.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Gate: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CYPHUSDC−0.0464%4h3.4281−0.144%$24K10xas long as short
Bybit CYPHUSDT0.0000%8h3.43300.000%$32K$407K25xas long as short
Gate CYPH_USDTlong0.0000%8h3.4330long leg$36K$56K20x
Bitget CYPHUSDT0.0000%8h3.4319−0.032%$46K$625K20xas long as short
SunX CYPH-USDT0.0000%8h3.4280−0.146%$4.1M10xas long as short
HTX CYPH-USDTshort0.0000%8h3.4290−0.117%$8K$358K20x
Phemex CYPHUSDT0.0000%8h3.4290−0.117%$147K$231K10xas long as short
QFEX CYPH-USD+0.0001%1h3.3900−1.253%$2.0M$332K10xas long as short
Binance CYPHUSDT+0.0616%8h3.4278−0.151%$247K$2.7M20xas long as short
Aftermath Perps CYPHUSD+0.2366%1h3.5647+3.838%$529$20K3xas long as short