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

CYPH

RWAall CYPH markets
SwapBacktest
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 +0.025%
Price spread now: Bybit against HTX−0.204%7-day average −0.154% · you buy dearer than you sell
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 1 day (all we have)+0.025%+$2 on $10k
Price spread, last 1 day (all we have)−0.467%−$47 · spread now −0.204%, 7d avg −0.154%
Together, before fees−0.442%−$44 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: Bybit is 0.051% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.154%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.42600get 0.0000% / 8h2h 08m$8K$359K20x
ShortBybit CYPHUSDT3.41900get 0.0000% / 8h2h 08m$27K$389K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.204% → −0.154%
−$5.05
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.05
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 39 min ago; Bybit: live order book, 22 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 HTX live order book, 39 min ago40.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 22 min ago23.77 bp143.0 bp −$143doesn'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
Bitget CYPHUSDT−0.0329%8h3.4093−0.487%$45K$628K20xas long as short
Bybit CYPHUSDTshort0.0000%8h3.4190−0.204%$27K$389K25x
QFEX CYPH-USD0.0000%1h3.4200−0.175%$2.1M$343K10xas long as short
Gate CYPH_USDT0.0000%8h3.4280+0.058%$36K$55K20xas long as short
SunX CYPH-USDT0.0000%8h3.4250−0.029%$4.5M10xas long as short
HTX CYPH-USDTlong0.0000%8h3.4260long leg$8K$359K20x
Phemex CYPHUSDT0.0000%8h3.4240−0.058%$144K$238K10xas long as short
Binance CYPHUSDT+0.0087%8h3.4199−0.177%$252K$2.8M20xas long as short
Aftermath Perps CYPHUSD+0.2368%1h3.5648+4.050%$549$20K3xas long as short