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 16:00 UTC+0.0555%/8h= +60.8% APRnext payment +$5.55 per $10,000 · paid last 24h
Price spread now: BloFin against SunX−0.087%7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.087% cheaper against SunX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CYPH-USDT3.44300get 0.0000% / 8h4h 32m$3.3M10x
ShortBloFin CYPH-USDT3.44000.0555get 0.0555% / 8h4h 32m$94K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$116.56
Price spread: −0.087% → 0.000%
−$8.71
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$87.85
Costs to cover
0.200%
Break-even
1.7 days
Slippage unknown: SunX: live order book, 9 min ago; BloFin: 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 SunX live order book, 9 min ago72.89 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 11 exchanges

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 CYPHUSDT0.0000%8h3.4460+0.087%$35K$411K25xas long as short
QFEX CYPH-USD0.0000%1h3.4400−0.087%$2.1M$316K10xas long as short
Gate CYPH_USDT0.0000%8h3.44300.000%$37K$53K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4392−0.110%$45K$576K20xas long as short
SunX CYPH-USDTlong0.0000%8h3.4430long leg$3.3M10x
HTX CYPH-USDT0.0000%8h3.44300.000%$6K$349K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4420−0.029%$152K$212K10xas long as short
edgeX CYPHUSDC+0.0216%4h3.4430+0.001%$303$49K10xas long as short
Binance CYPHUSDT+0.0542%8h3.4462+0.092%$258K$2.6M20xas long as short
BloFin CYPH-USDTshort+0.0555%8h3.4400−0.087%$94K$1K20x
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSD+0.2372%1h3.5648+3.536%$598$20K3xas long as short