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: Gate against Phemex+0.471%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.471% dearer against Phemex than usual: you sell high and buy low, +$47 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CYPHUSDT | 3.3970 | 0 | get 0.0000% / 8h | 3h 18m | $138K | $233K | 10x |
| Short | Gate CYPH_USDT | 3.4130 | 0 | get 0.0000% / 8h | 3h 18m | $35K | $56K | 20x |
Phemex CYPHUSDT
Gate CYPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: +0.471% → 0.000%
- $47.1
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $20.1
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 34 min ago; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 34 min ago | 31.07 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CYPH-USD | −0.0002% | 1h | 3.4000 | +0.088% | $2.0M | $332K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.3940 | −0.088% | $29K | $380K | 25x | as long as short |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.4130 | +0.471% | $35K | $56K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4027 | +0.168% | $52K | $615K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4000 | +0.088% | — | $4.6M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4010 | +0.118% | $5K | $351K | 20x | as long as short |
| Phemex CYPHUSDTlong | 0.0000% | 8h | 3.3970 | long leg | $138K | $233K | 10x | |
| Binance CYPHUSDT | +0.0173% | 8h | 3.3960 | −0.029% | $233K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2344% | 1h | 3.5597 | +4.789% | $548 | $20K | 3x | as long as short |
QFEX CYPH-USD
Bybit CYPHUSDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD