Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2640 | 0 | 0.0000% / 8h | 5h 03m | $35K | $3.6M | 20x | Long KuCoin | |
| SHORT | 3.2726 | +0.0175 | get 0.0087% / 4h | 1h 03m | $9K | $266K | 10x | Short edgeX |
Price gap+0.264%
Funding gap+0.0175% /8h
Both sides work: funding pays +$5 a day on $10k, and the gap is 0.237% above its 7d average: +$24 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$91+0.0175% /8h now · paid +0.906% over the last 7D
Price+$24spread +0.264% now, avg +0.027% → +0.237% if it goes back
Costs−$2332.331% of $10k · taker + slippage, in and out
Result−$119−1.19%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
edgeX price against KuCoinnow
RANGE STATS · 7D
Now+0.264%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCYPH on 13 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size100.9 / 27.0 bpAt $10k entering KuCoin costs 100.9 bp, fee and slippage, 3.7× edgeX’s.
- Note: Margin at max leverage$500 + $1,000KuCoin 20x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$5.25Long KuCoin: 3 payments, $0.00; short edgeX: 6 payments, +$5.25.
- OK: Entry gap works for you+0.264% vs +0.027%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$9K vs $35K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · edgeX NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0445%/8h × 21 periods+$93.41
Price spread+0.264% → +0.027% (7d avg)+$23.69
Slippage, 4 orderslive order books−$212.13
Fee KuCoin bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$116.03
Costs to cover2.331%Break-even15.7 days
Slippage: KuCoin: live order book, 13 min ago; edgeX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin18.41100.9 bp−$101612.3 bp−$6,123doesn’t fitdoesn’t fit
SELL · SHORTedgeX7.6627.0 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-23 09:29 | OKX | Listing | new market CYPH-USDT-SWAP ($CYPH) seen by our collector |
| 09-23 09:00 | KuCoin | Listing | new market CYPHUSDTM ($CYPH) seen by our collector |
| 09-22 13:38 | Phemex | Listing | Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗ |
| 09-22 10:08 | BloFin | Listing | new market CYPH-USDT ($CYPH) seen by our collector |
| 09-22 09:54 | BloFin | Listing | BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗ |
| 09-22 06:52 | edgeX | Listing | new market CYPHUSDC ($CYPH) seen by our collector |
OKX
Phemex
BloFin