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

CYPH

RWAall CYPH markets
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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 0.000%
Price spread now: SunX against HTX−0.176%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$687as in the Price arb table
costs, in and out, $10k−$6766.760% of the position
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)+0.080%+$8 · spread now −0.176%, 7d avg −0.061%
Together, before fees+0.080%+$8 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: SunX is 0.115% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CYPH-USDT3.40900get 0.0000% / 8h4h 37m$5K$353K20x
ShortSunX CYPH-USDT3.40300get 0.0000% / 8h4h 37m$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.176% → −0.061%
−$11.52
Slippage, 4 orders
−$655.96
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$687.48
Costs to cover
6.760%
Break-even
never at this rate
Slippage from HTX: live order book, 21 min ago; SunX: live order book, 12 min ago.

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, 21 min ago33.64 bp348.4 bp −$348doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 12 min ago27.90 bp117.3 bp −$117doesn'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%8h3.4190+0.293%$73K$306K25xas long as short
QFEX CYPH-USD0.0000%1h3.4000−0.264%$2.0M$366K10xas long as short
Gate CYPH_USDT0.0000%8h3.4190+0.293%$36K$60K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4074−0.047%$58K$610K20xas long as short
SunX CYPH-USDTshort0.0000%8h3.4030−0.176%$4.7M10x
HTX CYPH-USDTlong0.0000%8h3.4090long leg$5K$353K20x
Phemex CYPHUSDT0.0000%8h3.4030−0.176%$135K$231K10xas long as short
Binance CYPHUSDT+0.0682%8h3.4020−0.205%$235K$2.7M20xas long as short
Aftermath Perps CYPHUSD+0.2326%1h3.5648+4.569%$551$21K3xas long as short