Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.276%
Price spread now: Bitget against HTX+0.158%7-day average +0.103% · 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−$617as in the Price arb table
costs, in and out, $10k−$6236.226% of the position
Funding, last 2 days (all we have)−0.276%−$28 on $10k
+Price spread, last 2 days (all we have)+0.093%+$9 · spread now +0.158%, 7d avg +0.103%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.055% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX CYPH-USDT | 3.4120 | 0 | get 0.0000% / 8h | 4h 50m | $5K | $354K | 20x |
| Short | Bitget CYPHUSDT | 3.4174 | 0 | get 0.0000% / 8h | 4h 50m | $59K | $596K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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: +0.158% → +0.103%
- $5.54
- Slippage, 4 orders
- −$598.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$617.05
- Costs to cover
- 6.226%
- Break-even
- never at this rate
Slippage from HTX: live order book, 7 min ago; Bitget: live order book, 4 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 HTX live order book, 7 min ago | 33.64 bp | 348.4 bp −$348 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.28 bp | 60.5 bp −$60 | 96.2 bp −$962 | 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 CYPHUSDT | 0.0000% | 8h | 3.4280 | +0.469% | $73K | $306K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4200 | +0.234% | $2.1M | $365K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | +0.234% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4174 | +0.158% | $59K | $596K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4100 | −0.059% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDTlong | 0.0000% | 8h | 3.4120 | long leg | $5K | $354K | 20x | |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4100 | −0.059% | $135K | $230K | 10x | as long as short |
| Binance CYPHUSDT | +0.0734% | 8h | 3.4090 | −0.088% | $233K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2311% | 1h | 3.5648 | +4.477% | $551 | $21K | 3x | as long as short |
HTX CYPH-USDT
Bitget CYPHUSDT
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD