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

CYPH

RWAall CYPH markets
SwapBacktest
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 0.000%
Price spread now: Gate against HTX+0.058%7-day average −0.180% · you sell dearer than you buy
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)0.000%$0 on $10k
Price spread, last 2 days (all we have)+0.238%+$24 · spread now +0.058%, 7d avg −0.180%
Together, before fees+0.238%+$24 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: Gate is 0.238% dearer against HTX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.180%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.42700get 0.0000% / 8h7h 38m$5K$359K20x
ShortGate CYPH_USDT3.42900get 0.0000% / 8h7h 38m$37K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.058% → −0.180%
$23.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3.17
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 34 min ago; Gate: live order book, 26 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 HTX live order book, 34 min ago37.54 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 26 min ago59.45 bp153.7 bp −$154doesn't fitdoesn'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 CYPHUSDT−0.1842%8h3.4110−0.467%$18K$229K25xas long as short
QFEX CYPH-USD0.0000%1h3.4300+0.088%$2.1M$433K10xas long as short
Gate CYPH_USDTshort0.0000%8h3.4290+0.058%$37K$73K20x
Bitget CYPHUSDT0.0000%8h3.4152−0.344%$56K$553K20xas long as short
SunX CYPH-USDT0.0000%8h3.4180−0.263%$5.6M10xas long as short
HTX CYPH-USDTlong0.0000%8h3.4270long leg$5K$359K20x
Phemex CYPHUSDT0.0000%8h3.4210−0.175%$128K$244K10xas long as short
Binance CYPHUSDT+0.0830%8h3.4194−0.222%$220K$2.9M20xas long as short
Aftermath Perps CYPHUSD+0.1325%1h3.5388+3.263%$525$22K3xas long as short