Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.276%
Price spread now: Bitget against Gate+0.295%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3753.750% of the position
Funding, last 3 days (all we have)−0.228%−$23 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now +0.295%, 7d avg +0.212%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.083% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.212%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CYPH_USDT | 3.4180 | 0 | get 0.0000% / 8h | 4h 05m | $39K | $103K | 20x |
| Short | Bitget CYPHUSDT | 3.4281 | 0 | get 0.0000% / 8h | 4h 05m | $52K | $532K | 20x |
Gate CYPH_USDT
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: +0.295% → +0.212%
- $8.35
- Slippage, 4 orders
- −$347.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$366.61
- Costs to cover
- 3.750%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Bitget: live order book, 23 min ago.
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 Gate live order book, 22 min ago | 37.83 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 11.71 bp | 62.4 bp −$62 | 83.8 bp −$838 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | −0.0064% | 1h | 3.4198 | +0.051% | $513 | $24K | 3x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4230 | +0.146% | $19K | $172K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4000 | −0.527% | $2.0M | $388K | 10x | as long as short |
| Gate CYPH_USDTlong | 0.0000% | 8h | 3.4180 | long leg | $39K | $103K | 20x | |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4281 | +0.295% | $52K | $532K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4200 | +0.059% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4240 | +0.176% | $4K | $357K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4230 | +0.146% | $112K | $234K | 10x | as long as short |
| Binance CYPHUSDT | +0.0126% | 8h | 3.4200 | +0.059% | $210K | $2.8M | 20x | as long as short |
Aftermath Perps CYPHUSD
Bybit CYPHUSDT
QFEX CYPH-USD
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT