Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: QFEX against Gate−0.204%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.204% cheaper against Gate than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4270 | 0 | get 0.0000% / 8h | 5h 35m | $36K | $63K | 20x |
| Short | QFEX CYPH-USD | 3.4200 | 0 | get 0.0000% / 1h | 35m 33s | $2.1M | $371K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.204% → 0.000%
- −$20.43
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$45.43
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; QFEX: live order book, 1 min ago. 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 QFEX live order book, 1 min ago | 14.64 bp | 73.8 bp −$74 | 95.1 bp −$951 | doesn't fit | doesn'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 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 | 3.4380 | +0.321% | $72K | $300K | 25x | as long as short |
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.4200 | −0.204% | $2.1M | $371K | 10x | |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4270 | long leg | $36K | $63K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4238 | −0.093% | $58K | $596K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4150 | −0.350% | — | $4.8M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4130 | −0.409% | $5K | $355K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4100 | −0.496% | $134K | $230K | 10x | as long as short |
| Binance CYPHUSDT | +0.0878% | 8h | 3.4151 | −0.348% | $230K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2232% | 1h | 3.5647 | +4.020% | $560 | $21K | 3x | as long as short |
Gate CYPH_USDT
Bybit CYPHUSDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD