Settings8H · net · $10k
Funding arb · Price arb /

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1679%/8h= +183.8% APRnext payment +$2.10 per $10,000 · paid last 24h −0.064%
Price spread now: Aftermath Perps against QFEX+3.837%50s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Aftermath Perps is 3.837% dearer against QFEX than usual: you sell high and buy low: +$384 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CYPH-USD3.43000get 0.0000% / 1h7m 35s$2.1M$414K10x
ShortAftermath Perps CYPHUSD3.56160.1679get 0.0210% / 1h7m 35s$564$22K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against QFEX. 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
$352.56
Price spread: +3.837% → 0.000%
$383.73
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$717.29
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: QFEX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago14.60 bp46.6 bp −$4748.6 bp −$486doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CYPHUSDT−0.0210%8h3.4330+0.087%$18K$233K25xas long as short
QFEX CYPH-USDlong0.0000%1h3.4300long leg$2.1M$414K10x
Gate CYPH_USDT0.0000%8h3.4270−0.087%$36K$73K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4403+0.300%$57K$549K20xas long as short
SunX CYPH-USDT0.0000%8h3.4490+0.554%$5.4M10xas long as short
HTX CYPH-USDT0.0000%8h3.4520+0.641%$5K$358K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4470+0.496%$131K$241K10xas long as short
Binance CYPHUSDT+0.0936%8h3.4420+0.350%$222K$2.9M20xas long as short
Aftermath Perps CYPHUSDshort+0.1679%1h3.5616+3.837%$564$22K3x