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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.2369%/8h= +259.4% APRpaid last 24h +0.059%
Price spread now: Aftermath Perps against Bitget+4.330%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 4 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 +$71 a day on $10k at the current rate, and Aftermath Perps is 4.330% dearer against Bitget than usual: you sell high and buy low: +$433 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CYPHUSDT3.41680get 0.0000% / 8h7h 22m$44K$625K20x
ShortAftermath Perps CYPHUSD3.56470.2369get 0.0296% / 1h22m 08s$564$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bitget. 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
$497.45
Price spread: +4.330% → 0.000%
$433.01
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$909.45
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bitget: live order book, 8 min ago; Aftermath Perps: 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 Bitget live order book, 8 min ago21.40 bp163.9 bp −$164185.4 bp −$1,854doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CYPHUSDT0.0000%8h3.4200+0.094%$31K$408K25xas long as short
Gate CYPH_USDT0.0000%8h3.4200+0.094%$36K$56K20xas long as short
Bitget CYPHUSDTlong0.0000%8h3.4168long leg$44K$625K20x
SunX CYPH-USDT0.0000%8h3.4140−0.082%$4.0M10xas long as short
HTX CYPH-USDT0.0000%8h3.4160−0.023%$8K$358K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4140−0.082%$147K$230K10xas long as short
QFEX CYPH-USD+0.0001%1h3.3700−1.370%$2.0M$329K10xas long as short
Binance CYPHUSDT+0.0538%8h3.4150−0.053%$246K$2.7M20xas long as short
edgeX CYPHUSDC+0.0542%4h3.4095−0.214%$26K10xas long as short
Aftermath Perps CYPHUSDshort+0.2369%1h3.5647+4.330%$564$20K3x