Funding you earn now, next payment 06:00 UTC+0.2367%/8h= +259.2% APRpaid last 24h −0.048%
Price spread now: Aftermath Perps against Phemex+4.846%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$71 a day on $10k at the current rate, and Aftermath Perps is 4.846% dearer against Phemex than usual: you sell high and buy low: +$485 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CYPHUSDT | 3.4000 | 0 | get 0.0000% / 8h | 2h 12m | $142K | $237K | 10x |
| Short | Aftermath Perps CYPHUSD | 3.5648 | 0.2367 | get 0.0296% / 1h | 12m 40s | $549 | $20K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phemex. 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
- $497.11
- Price spread: +4.846% → 0.000%
- $484.56
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $960.67
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 35 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
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 Phemex live order book, 35 min ago | 1.49 bp | 49.5 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CYPHUSDT | −0.0393% | 8h | 3.4124 | +0.365% | $46K | $626K | 20x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4230 | +0.676% | $28K | $388K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.3900 | −0.294% | $2.1M | $341K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.3950 | −0.147% | $35K | $55K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3960 | −0.118% | — | $4.5M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3970 | −0.088% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDTlong | 0.0000% | 8h | 3.4000 | long leg | $142K | $237K | 10x | |
| Binance CYPHUSDT | +0.0081% | 8h | 3.4180 | +0.529% | $243K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSDshort | +0.2367% | 1h | 3.5648 | +4.846% | $549 | $20K | 3x |
Phemex CYPHUSDT
Aftermath Perps CYPHUSD
Bitget CYPHUSDT
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Binance CYPHUSDT