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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.2366%/8h= +259.0% APRpaid last 24h +0.139%
Price spread now: Aftermath Perps against Gate+4.202%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 4.202% dearer against Gate than usual: you sell high and buy low: +$420 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CYPH_USDT3.42100get 0.0000% / 8h5h 06m$36K$54K20x
ShortAftermath Perps CYPHUSD3.56470.2366get 0.0296% / 1h6m 48s$529$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. 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
$496.8
Price spread: +4.202% → 0.000%
$420.2
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$892.99
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample
Sell Aftermath Perps no order-book sample
Gate and 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 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CYPHUSDC−0.0899%4h3.4367+0.458%$302$45K10xas long as short
Bybit CYPHUSDT0.0000%8h3.4430+0.643%$40K$432K25xas long as short
Gate CYPH_USDTlong0.0000%8h3.4210long leg$36K$54K20x
Bitget CYPHUSDT0.0000%8h3.4288+0.228%$44K$607K20xas long as short
SunX CYPH-USDT0.0000%8h3.4350+0.409%$3.5M10xas long as short
HTX CYPH-USDT0.0000%8h3.4380+0.497%$6K$353K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4360+0.438%$151K$218K10xas long as short
QFEX CYPH-USD+0.0028%1h3.4300+0.263%$2.1M$318K10xas long as short
BloFin CYPH-USDT+0.0334%8h3.4310+0.292%$94K$82320xas long as short
Binance CYPHUSDT+0.0387%8h3.4340+0.380%$256K$2.6M20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSDshort+0.2366%1h3.5647+4.202%$529$20K3x