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: SunX against HTX−0.175%7-day average −0.062% · 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 2 days (all we have)0.000%$0 on $10k
Price spread, last 2 days (all we have)+0.436%+$44 · spread now −0.175%, 7d avg −0.062%
Together, before fees+0.436%+$44 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: SunX is 0.114% cheaper against HTX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.42200get 0.0000% / 8h6h 22m$5K$356K20x
ShortSunX CYPH-USDT3.41600get 0.0000% / 8h6h 22m$5.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.175% → −0.062%
−$11.37
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$31.37
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 46 min ago; SunX: live order book, 6 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, 46 min ago2.90 bp356.7 bp −$357doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago70.26 bpdoesn't fitdoesn'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 CYPHUSDT0.0000%8h3.4110−0.321%$30K$244K25xas long as short
QFEX CYPH-USD0.0000%1h3.4000−0.643%$2.0M$401K10xas long as short
Gate CYPH_USDT0.0000%8h3.4200−0.058%$36K$67K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4173−0.137%$67K$560K20xas long as short
SunX CYPH-USDTshort0.0000%8h3.4160−0.175%$5.1M10x
HTX CYPH-USDTlong0.0000%8h3.4220long leg$5K$356K20x
Phemex CYPHUSDT0.0000%8h3.4170−0.146%$131K$232K10xas long as short
Binance CYPHUSDT+0.0841%8h3.4178−0.123%$219K$2.8M20xas long as short
Aftermath Perps CYPHUSD+0.2060%1h3.5648+4.172%$569$21K3xas long as short