Funding you earn now, next payment 04:00 UTC+0.2344%/8h= +256.7% APRnext payment +$2.93 per $10,000 · paid last 24h −0.068%
Price spread now: Aftermath Perps against QFEX+4.538%50s7-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
Both sides work for this trade now. Funding pays +$70 a day on $10k at the current rate, and Aftermath Perps is 4.538% dearer against QFEX than usual: you sell high and buy low: +$454 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CYPH-USD | 3.4100 | 0 | get 0.0000% / 1h | 12m 33s | $2.0M | $366K | 10x |
| Short | Aftermath Perps CYPHUSD | 3.5648 | 0.2344 | get 0.0293% / 1h | 12m 33s | $570 | $20K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against QFEX. 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
- $492.24
- Price spread: +4.538% → 0.000%
- $453.81
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $927.06
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 5 min ago | 175.95 bp | 208.0 bp −$208 | 210.1 bp −$2,101 | doesn't fit | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4280 | +0.528% | $73K | $309K | 25x | as long as short |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.4100 | long leg | $2.0M | $366K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4250 | +0.440% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4138 | +0.111% | $66K | $614K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4160 | +0.176% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4170 | +0.205% | $5K | $352K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4140 | +0.117% | $136K | $231K | 10x | as long as short |
| Binance CYPHUSDT | +0.0674% | 8h | 3.4140 | +0.117% | $248K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSDshort | +0.2344% | 1h | 3.5648 | +4.538% | $570 | $20K | 3x |
Aftermath Perps CYPHUSD
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT