Funding you earn now, next payment 01:00 UTC−0.0289%/8h= −31.7% APRpaid last 24h +0.262%
Price spread now: Binance against Aftermath Perps−2.779%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 2.779% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$278 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CYPHUSD | 3.5296 | 0.1177 | pay 0.0147% / 1h | 51m 07s | $524 | $22K | 3x |
| Short | Binance CYPHUSDT | 3.4315 | 0.0888 | get 0.0888% / 8h | 7h 51m | $220K | $3.0M | 20x |
Aftermath Perps CYPHUSD
Binance CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aftermath Perps. 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
- −$60.73
- Price spread: −2.779% → 0.000%
- −$277.95
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$357.68
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 15 min ago. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 2.90 bp | 40.4 bp −$40 | 537.4 bp −$5,374 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CYPH-USD | 0.0000% | 1h | 3.4300 | −2.823% | $2.1M | $438K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4280 | −2.879% | $37K | $73K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4293 | −2.842% | $57K | $571K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4290 | −2.851% | — | $5.9M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4350 | −2.681% | $5K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4340 | −2.709% | $129K | $254K | 10x | as long as short |
| Bybit CYPHUSDT | +0.0694% | 8h | 3.4180 | −3.163% | $33K | $215K | 25x | as long as short |
| Binance CYPHUSDTshort | +0.0888% | 8h | 3.4315 | −2.779% | $220K | $3.0M | 20x | |
| Aftermath Perps CYPHUSDlong | +0.1177% | 1h | 3.5296 | long leg | $524 | $22K | 3x |
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Bybit CYPHUSDT