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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.058%7-day average +0.180% · 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)0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.355%−$35 · spread now +0.058%, 7d avg +0.180%
Together, before fees−0.355%−$35 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 0.122% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.180%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CYPH_USDT3.44200get 0.0000% / 8h13m 48s$37K$109K20x
ShortHTX CYPH-USDT3.44400get 0.0000% / 8h13m 48s$5K$359K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.058% → +0.180%
−$12.18
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$39.18
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 56 min ago; HTX: live order book, 64 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 Gate live order book, 56 min ago58.67 bp94.5 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 64 min ago42.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CYPH on 9 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%8h3.4410−0.029%$35K$206K25xas long as short
QFEX CYPH-USD0.0000%1h3.4300−0.349%$2.1M$436K10xas long as short
Gate CYPH_USDTlong0.0000%8h3.4420long leg$37K$109K20x
Bitget CYPHUSDT0.0000%8h3.4412−0.023%$58K$603K20xas long as short
SunX CYPH-USDT0.0000%8h3.4400−0.058%$6.0M10xas long as short
HTX CYPH-USDTshort0.0000%8h3.4440+0.058%$5K$359K20x
Phemex CYPHUSDT0.0000%8h3.4410−0.029%$128K$260K10xas long as short
Binance CYPHUSDT+0.0714%8h3.44200.000%$215K$3.2M20xas long as short
Aftermath Perps CYPHUSD+0.0886%1h3.5129+2.061%$522$22K3xas long as short