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

CIEN

RWAall CIEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.903%7-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 5 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 +$3 a day on $10k at the current rate, and HTX is 0.903% dearer against Bybit than usual: you sell high and buy low: +$90 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CIENUSDT363.230get 0.0000% / 8h6m 48s$173K$189K25x
ShortHTX CIEN-USDT366.510.0100get 0.0100% / 8h6m 48s$9K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$21
Price spread: +0.903% → 0.000%
$90.3
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$88.3
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 63 min ago; HTX: 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 Bybit live order book, 63 min ago9.03 bp114.7 bp −$115228.4 bp −$2,284doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.

CIEN on 11 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
Bitget CIENUSDT−0.0361%8h363.16−0.019%$96K$191K20xas long as short
QFEX CIEN-USD−0.0056%1h363.11−0.033%$1.1M$3.3M10xas long as short
Binance CIENUSDT0.0000%8h363.17−0.015%$503K$1.3M20xas long as short
Bybit CIENUSDTlong0.0000%8h363.23long leg$173K$189K25x
OKX CIEN-USDT-SWAP0.0000%8h362.96−0.074%$130K$193K20xas long as short
Gate CIEN_USDT0.0000%8h363.80+0.157%$294K$40K20xas long as short
Variational Omni CIEN0.0000%8h363.31+0.023%$48K$55Kas long as short
Paragon para:CIEN+0.0060%1h363.39+0.045%$65K$139K10xas long as short
KuCoin CIENUSDTM+0.0100%8h362.56−0.184%$103K$216K20xas long as short
SunX CIEN-USDT+0.0100%8h362.78−0.124%$1K$864K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CIEN-USDTshort+0.0100%8h366.51+0.903%$9K$42K10x