Funding you earn now, next payment 08:00 UTC−0.0731%/8h= −80.1% APRnext payment −$7.31 per $10,000 · paid last 24h −0.199%
Price spread now: SunX against Binance−0.162%7-day average +0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)−0.199%−$20 on $10k
+Price spread, last 2 days (all we have)+0.838%+$84 · spread now −0.162%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and SunX is 0.202% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CYPHUSDT | 3.4426 | 0.0731 | pay 0.0731% / 8h | 8m 58s | $252K | $2.8M | 20x |
| Short | SunX CYPH-USDT | 3.4370 | 0 | get 0.0000% / 8h | 8m 58s | — | $4.2M | 10x |
Binance CYPHUSDT
SunX CYPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$153.61
- Price spread: −0.162% → +0.040%
- −$20.23
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$191.83
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; SunX: live order book, 10 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 Binance live order book, 11 min ago | 8.74 bp | 40.6 bp −$41 | 277.8 bp −$2,778 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 36.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CYPHUSDC | −0.0511% | 4h | 3.4356 | −0.204% | — | $20K | 10x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4500 | +0.216% | $2.1M | $327K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4450 | +0.070% | $39K | $57K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4401 | −0.072% | $45K | $635K | 20x | as long as short |
| SunX CYPH-USDTshort | 0.0000% | 8h | 3.4370 | −0.162% | — | $4.2M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4460 | +0.099% | $8K | $358K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4440 | +0.041% | $147K | $235K | 10x | as long as short |
| Bybit CYPHUSDT | +0.0250% | 8h | 3.4560 | +0.390% | $32K | $406K | 25x | as long as short |
| Binance CYPHUSDTlong | +0.0731% | 8h | 3.4426 | long leg | $252K | $2.8M | 20x | |
| Aftermath Perps CYPHUSD | +0.2374% | 1h | 3.5648 | +3.549% | $560 | $20K | 3x | as long as short |
edgeX CYPHUSDC
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
HTX CYPH-USDT
Phemex CYPHUSDT
Bybit CYPHUSDT
Aftermath Perps CYPHUSD