Funding you earn now, next payment 09:00 UTC−0.2369%/8h= −259.4% APRpaid last 24h −0.059%
Price spread now: Bitget against Aftermath Perps−4.150%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$71 a day on $10k at the current rate, and Bitget is 4.150% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$415 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 | 3.5647 | 0.2369 | pay 0.0296% / 1h | 22m 00s | $564 | $20K | 3x |
| Short | Bitget CYPHUSDT | 3.4168 | 0 | get 0.0000% / 8h | 7h 22m | $44K | $625K | 20x |
Aftermath Perps CYPHUSD
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$497.45
- Price spread: −4.150% → 0.000%
- −$415.04
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$933.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 8 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 Bitget live order book, 8 min ago | 21.40 bp | 242.5 bp −$242 | 295.8 bp −$2,958 | 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 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4210 | −4.033% | $31K | $408K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | −4.061% | $36K | $56K | 20x | as long as short |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4168 | −4.150% | $44K | $625K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4140 | −4.229% | — | $4.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4160 | −4.173% | $8K | $358K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4140 | −4.229% | $147K | $230K | 10x | as long as short |
| QFEX CYPH-USD | +0.0001% | 1h | 3.3700 | −5.463% | $2.0M | $329K | 10x | as long as short |
| Binance CYPHUSDT | +0.0538% | 8h | 3.4155 | −4.187% | $247K | $2.7M | 20x | as long as short |
| edgeX CYPHUSDC | +0.0542% | 4h | 3.4095 | −4.355% | — | $26K | 10x | as long as short |
| Aftermath Perps CYPHUSDlong | +0.2369% | 1h | 3.5647 | long leg | $564 | $20K | 3x |
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
QFEX CYPH-USD
Binance CYPHUSDT
edgeX CYPHUSDC