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+0.2378%/8h= +260.4% APRpaid last 24h +0.139%
Price spread now: Aftermath Perps against HTX+3.206%50s7-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 2 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 3.206% dearer against HTX than usual: you sell high and buy low: +$321 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.45400get 0.0000% / 8h5h 48m$7K$357K20x
ShortAftermath Perps CYPHUSD3.56480.2378get 0.0297% / 1h48m 22s$529$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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
$499.47
Price spread: +3.206% → 0.000%
$320.64
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$799.11
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: HTX: live order book, 62 min ago; 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 HTX live order book, 62 min ago30.91 bp356.5 bp −$357doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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−0.0144%4h3.4385−0.448%$147$39K10xas long as short
Bybit CYPHUSDT0.0000%8h3.4560+0.058%$42K$429K25xas long as short
Gate CYPH_USDT0.0000%8h3.4310−0.666%$36K$54K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4452−0.255%$45K$617K20xas long as short
SunX CYPH-USDT0.0000%8h3.4520−0.058%$3.6M10xas long as short
HTX CYPH-USDTlong0.0000%8h3.4540long leg$7K$357K20x
Phemex CYPHUSDT0.0000%8h3.4560+0.058%$151K$224K10xas long as short
QFEX CYPH-USD+0.0028%1h3.4300−0.695%$2.1M$328K10xas long as short
Binance CYPHUSDT+0.0157%8h3.4471−0.201%$251K$2.7M20xas long as short
BloFin CYPH-USDT+0.0165%8h3.4450−0.261%$41720xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CYPHUSDshort+0.2378%1h3.5648+3.206%$529$20K3x