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

CYPH

RWAall CYPH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.276%
Price spread now: HTX against Bitget+0.110%7-day average −0.083% · 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 2 days (all we have)+0.276%+$28 on $10k
Price spread, last 2 days (all we have)−0.541%−$54 · spread now +0.110%, 7d avg −0.083%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.193% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CYPHUSDT3.44020get 0.0000% / 8h2m 38s$45K$631K20x
ShortHTX CYPH-USDT3.44400get 0.0000% / 8h2m 38s$8K$359K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.110% → −0.083%
$19.32
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$4.68
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 33 min ago; HTX: live order book, 35 min ago. 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, 33 min ago18.67 bp53.3 bp −$5358.1 bp −$581170.4 bp −$17.0Kdoesn't fit
Sell HTX live order book, 35 min ago59.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
QFEX CYPH-USD0.0000%1h3.4500+0.285%$2.1M$327K10xas long as short
Gate CYPH_USDT0.0000%8h3.4320−0.238%$39K$58K20xas long as short
Bitget CYPHUSDTlong0.0000%8h3.4402long leg$45K$631K20x
SunX CYPH-USDT0.0000%8h3.4440+0.110%$4.2M10xas long as short
HTX CYPH-USDTshort0.0000%8h3.4440+0.110%$8K$359K20x
Phemex CYPHUSDT0.0000%8h3.4400−0.006%$147K$234K10xas long as short
edgeX CYPHUSDC+0.0129%4h3.4439+0.107%$21K10xas long as short
Bybit CYPHUSDT+0.0228%8h3.4620+0.634%$32K$406K25xas long as short
Binance CYPHUSDT+0.0699%8h3.4426+0.071%$252K$2.8M20xas long as short
Aftermath Perps CYPHUSD+0.2375%1h3.5648+3.620%$585$20K3xas long as short