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

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.183%−$18 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.41200get 0.0000% / 8h4h 50m$5K$354K20x
ShortBitget CYPHUSDT3.41740get 0.0000% / 8h4h 50m$59K$596K20x

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 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: +0.158% → +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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 7 min ago33.64 bp348.4 bp −$348doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.28 bp60.5 bp −$6096.2 bp −$962doesn't fitdoesn't fit

CYPH on 9 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
Bybit CYPHUSDT0.0000%8h3.4280+0.469%$73K$306K25xas long as short
QFEX CYPH-USD0.0000%1h3.4200+0.234%$2.1M$365K10xas long as short
Gate CYPH_USDT0.0000%8h3.4200+0.234%$36K$60K20xas long as short
Bitget CYPHUSDTshort0.0000%8h3.4174+0.158%$59K$596K20x
SunX CYPH-USDT0.0000%8h3.4100−0.059%$4.7M10xas long as short
HTX CYPH-USDTlong0.0000%8h3.4120long leg$5K$354K20x
Phemex CYPHUSDT0.0000%8h3.4100−0.059%$135K$230K10xas long as short
Binance CYPHUSDT+0.0734%8h3.4090−0.088%$233K$2.7M20xas long as short
Aftermath Perps CYPHUSD+0.2311%1h3.5648+4.477%$551$21K3xas long as short