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: Phemex against HTX−0.146%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$676as in the Price arb table
costs, in and out, $10k−$6736.730% of the position
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.072%+$7 · spread now −0.146%, 7d avg −0.114%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.032% cheaper against HTX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX CYPH-USDT | 3.4220 | 0 | get 0.0000% / 8h | 6h 21m | $5K | $356K | 20x |
| Short | Phemex CYPHUSDT | 3.4170 | 0 | get 0.0000% / 8h | 6h 21m | $131K | $232K | 10x |
HTX CYPH-USDT
Phemex CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.146% → −0.114%
- −$3.22
- Slippage, 4 orders
- −$648.98
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$676.21
- Costs to cover
- 6.730%
- Break-even
- never at this rate
Slippage from HTX: live order book, 46 min ago; Phemex: live order book, 46 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, 46 min ago | 2.90 bp | 356.7 bp −$357 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 46 min ago | 18.87 bp | 69.4 bp −$69 | doesn't fit | 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 | 3.4190 | −0.088% | $30K | $245K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4000 | −0.643% | $2.0M | $401K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | −0.058% | $36K | $67K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4202 | −0.053% | $67K | $560K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4160 | −0.175% | — | $5.1M | 10x | as long as short |
| HTX CYPH-USDTlong | 0.0000% | 8h | 3.4220 | long leg | $5K | $356K | 20x | |
| Phemex CYPHUSDTshort | 0.0000% | 8h | 3.4170 | −0.146% | $131K | $232K | 10x | |
| Binance CYPHUSDT | +0.0841% | 8h | 3.4150 | −0.205% | $218K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2060% | 1h | 3.5648 | +4.172% | $569 | $21K | 3x | as long as short |
Bybit CYPHUSDT
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD