Funding you earn now, next payment 08:00 UTC+0.0387%/8h= +42.4% APRnext payment +$3.87 per $10,000 · paid last 24h +0.276%
Price spread now: Gate against Bitget+0.308%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.308% dearer against Bitget than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.3726 | −0.0387 | get 0.0387% / 8h | 2h 30m | $48K | $629K | 20x |
| Short | Gate CYPH_USDT | 3.3830 | 0 | get 0.0000% / 8h | 2h 30m | $35K | $55K | 20x |
Bitget CYPHUSDT
Gate CYPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $81.27
- Price spread: +0.308% → 0.000%
- $30.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $85.11
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 14 min ago; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 14 min ago | 13.81 bp | 49.9 bp −$50 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CYPHUSDTlong | −0.0387% | 8h | 3.3726 | long leg | $48K | $629K | 20x | |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.3640 | −0.255% | $29K | $384K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.3700 | −0.077% | $2.0M | $338K | 10x | as long as short |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.3830 | +0.308% | $35K | $55K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3650 | −0.225% | — | $4.6M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3670 | −0.166% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3640 | −0.255% | $139K | $236K | 10x | as long as short |
| Binance CYPHUSDT | +0.0077% | 8h | 3.3655 | −0.211% | $241K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2362% | 1h | 3.5648 | +5.697% | $577 | $20K | 3x | as long as short |
Bybit CYPHUSDT
QFEX CYPH-USD
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD