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

CYPH

RWAall CYPH markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 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 +$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CYPH-USD3.41000get 0.0000% / 1h12m 33s$2.0M$366K10x
ShortAftermath Perps CYPHUSD3.56480.2344get 0.0293% / 1h12m 33s$570$20K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago175.95 bp208.0 bp −$208210.1 bp −$2,101doesn'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 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%8h3.4280+0.528%$73K$309K25xas long as short
QFEX CYPH-USDlong0.0000%1h3.4100long leg$2.0M$366K10x
Gate CYPH_USDT0.0000%8h3.4250+0.440%$36K$60K20xas long as short
Bitget CYPHUSDT0.0000%8h3.4138+0.111%$66K$614K20xas long as short
SunX CYPH-USDT0.0000%8h3.4160+0.176%$4.7M10xas long as short
HTX CYPH-USDT0.0000%8h3.4170+0.205%$5K$352K20xas long as short
Phemex CYPHUSDT0.0000%8h3.4140+0.117%$136K$231K10xas long as short
Binance CYPHUSDT+0.0674%8h3.4140+0.117%$248K$2.7M20xas long as short
Aftermath Perps CYPHUSDshort+0.2344%1h3.5648+4.538%$570$20K3x