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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0373%/8h= +40.8% APRnext payment +$3.73 per $10,000 · paid last 24h
Price spread now: BloFin against HTX−0.145%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.145% cheaper against HTX than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 31 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.43800get 0.0000% / 8h5h 05m$6K$352K20x
ShortBloFin CYPH-USDT3.43300.0373get 0.0373% / 8h5h 05m$94K$85820x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$78.31
Price spread: −0.145% → 0.000%
−$14.54
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$39.77
Costs to cover
0.240%
Break-even
3.4 days
Slippage unknown: HTX: live order book, 41 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 41 min ago63.82 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 11 exchanges

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−0.0050%4h3.4348−0.094%$302$45K10xas long as short
Bybit CYPHUSDT0.0000%8h3.4430+0.145%$40K$432K25xas long as short
Gate CYPH_USDT0.0000%8h3.4230−0.436%$36K$54K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4329−0.148%$44K$606K20xas long as short
SunX CYPH-USDT0.0000%8h3.4410+0.087%$3.5M10xas long as short
HTX CYPH-USDTlong0.0000%8h3.4380long leg$6K$352K20x
Phemex CYPHUSDT0.0000%8h3.4420+0.116%$151K$218K10xas long as short
QFEX CYPH-USD+0.0028%1h3.4300−0.233%$2.1M$317K10xas long as short
BloFin CYPH-USDTshort+0.0373%8h3.4330−0.145%$94K$85820x
Binance CYPHUSDT+0.0406%8h3.4404+0.069%$257K$2.6M20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSD+0.2366%1h3.5647+3.687%$557$20K3xas long as short