Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2694 | +0.0510 | pay 0.0510% / 8h | 5h 04m | $142K | $1.8M | 20x | Long OKX | |
| SHORT | 3.2706 | +0.0831 | get 0.0416% / 4h | 1h 04m | $9K | $265K | 10x | Short edgeX |
Price gap+0.038%61s
Funding gap+0.0321% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.062% above its 7d average: +$6 more if it goes back.
The two prices were read 61 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$32+0.0321% /8h now · paid +0.324% over the last 7D
Price—spread +0.038%61s now · prices read too far apart to compare
Costs−$1661.663% 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
edgeX price against OKXnow
RANGE STATS · 7D
Now+0.038%
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
1 ok · 5 to watch- Watch: Thin at this size66.8 / 27.0 bpAt $10k entering OKX costs 66.8 bp, fee and slippage, 2.5× edgeX’s.
- Note: Margin at max leverage$500 + $1,000OKX 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: +$9.63Long OKX: 3 payments, −$15.31; short edgeX: 6 payments, +$24.94.
- Watch: Prices read 61 s apart+0.038% vs −0.024%Part of this gap may be the market moving.
- Watch: Short leg is thinner$9K vs $142K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · edgeX NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0159%/8h × 21 periods+$33.44
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$147.25
Fee OKX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$132.81
price spread not counted: prices read too far apartCosts to cover1.663%Break-even34.8 days
Slippage: OKX: live order book, 2 min ago; edgeX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX5.2066.8 bp−$67doesn’t fitdoesn’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 |
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