Funding you earn now, next payment 12:00 UTC+0.0508%/8h= +55.6% APRpaid last 24h —
Price spread now: edgeX against SunX−0.208%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.208% cheaper against SunX than usual: you would sell low and buy high (spread −0.208% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 33 hours of funding at the current rate (+$15 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CYPH-USDT | 3.3880 | 0 | get 0.0000% / 8h | 6h 19m | — | $3.7M | 10x |
| Short | edgeX CYPHUSDC | 3.3810 | 0.0508 | get 0.0254% / 4h | 2h 19m | — | $34K | 10x |
SunX CYPH-USDT
edgeX CYPHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $106.59
- Price spread: −0.208% → 0.000%
- −$20.77
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $68.82
- Costs to cover
- 0.170%
- Break-even
- 2.5 days
Slippage unknown: SunX: live order book, 12 min ago; edgeX: 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 SunX live order book, 12 min ago | 29.55 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX no order-book sample | — | — | — | — | — |
edgeX: 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 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4000 | +0.354% | $43K | $420K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.3890 | +0.030% | $36K | $55K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.3998 | +0.348% | $45K | $647K | 20x | as long as short |
| SunX CYPH-USDTlong | 0.0000% | 8h | 3.3880 | long leg | — | $3.7M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3910 | +0.089% | $8K | $357K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3830 | −0.148% | $147K | $225K | 10x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.3800 | −0.236% | $2.0M | $329K | 10x | as long as short |
| Binance CYPHUSDT | +0.0307% | 8h | 3.3940 | +0.177% | $243K | $2.7M | 20x | as long as short |
| edgeX CYPHUSDCshort | +0.0508% | 4h | 3.3810 | −0.208% | — | $34K | 10x | |
| Aftermath Perps CYPHUSD | +0.2377% | 1h | 3.5648 | +5.217% | $551 | $20K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USD
Binance CYPHUSDT
Aftermath Perps CYPHUSD