Funding you earn now, next payment 08:00 UTC−0.2374%/8h= −260.0% APRnext payment −$2.97 per $10,000 · paid last 24h −0.019%
Price spread now: QFEX against Aftermath Perps−3.219%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 QFEX is 3.219% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$322 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 | 3.5648 | 0.2374 | pay 0.0297% / 1h | 3m 46s | $585 | $20K | 3x |
| Short | QFEX CYPH-USD | 3.4500 | 0 | get 0.0000% / 1h | 3m 46s | $2.1M | $327K | 10x |
Aftermath Perps CYPHUSD
QFEX CYPH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$498.63
- Price spread: −3.219% → 0.000%
- −$321.9
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$839.53
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 246.73 bp | 278.6 bp −$279 | 280.5 bp −$2,805 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.4500 | −3.219% | $2.1M | $327K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4450 | −3.359% | $39K | $57K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4402 | −3.494% | $45K | $633K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4410 | −3.471% | — | $4.2M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4480 | −3.275% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4410 | −3.471% | $147K | $234K | 10x | as long as short |
| edgeX CYPHUSDC | +0.0129% | 4h | 3.4439 | −3.391% | — | $21K | 10x | as long as short |
| Bybit CYPHUSDT | +0.0234% | 8h | 3.4620 | −2.882% | $32K | $406K | 25x | as long as short |
| Binance CYPHUSDT | +0.0706% | 8h | 3.4460 | −3.331% | $253K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSDlong | +0.2374% | 1h | 3.5648 | long leg | $585 | $20K | 3x |
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
edgeX CYPHUSDC
Bybit CYPHUSDT
Binance CYPHUSDT