Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2420 | 0 | 0.0000% / 8h | 7h 55m | $138K | $1.9M | 20x | Long OKX | |
| SHORT | 3.2450 | 0 | 0.0000% / 8h | 7h 55m | $341K | $5.5M | 20x | Short Binance |
Price gap+0.092%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$15 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$430.0000% /8h now · paid −0.432% over the last 7D
Price+$15spread +0.092% now, avg −0.058% → +0.150% if it goes back
Costs−$1941.940% of $10k · taker + slippage, in and out
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
Binance price against OKXnow
RANGE STATS · 7D
Now+0.092%
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 · 3 to watch- Watch: Thin at this size40.8 / 45.6 bpAt $10k entering Binance costs 45.6 bp, fee and slippage, 1.1× OKX’s.
- Note: Margin at max leverage$500 + $500OKX 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 3 payments, $0.00; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you+0.092% vs −0.058%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$138K vs $341K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Binance YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0216%/8h × 21 periods−$45.39
Price spread+0.092% → −0.058% (7d avg)+$15.03
Slippage, 4 orderslive order books−$173.95
Fee OKX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$224.31
Costs to cover1.940%Break-evennever at this rate
Slippage: OKX: live order book, 1 min ago; Binance: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX2.7740.8 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance6.1245.6 bp−$46282.9 bp−$2,829doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-23 09:29 | OKX | Listing | new market CYPH-USDT-SWAP ($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 |
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