Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Gate against QFEX+0.647%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.647% dearer against QFEX than usual: you sell high and buy low, +$65 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 | QFEX CYPH-USD | 3.4000 | 0 | get 0.0000% / 1h | 27m 13s | $2.0M | $372K | 10x |
| Short | Gate CYPH_USDT | 3.4220 | 0 | get 0.0000% / 8h | 5h 27m | $36K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.647% → 0.000%
- $64.71
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $39.71
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 5 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 QFEX live order book, 5 min ago | 29.41 bp | 61.6 bp −$62 | 63.6 bp −$636 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4320 | +0.941% | $72K | $300K | 25x | as long as short |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.4000 | long leg | $2.0M | $372K | 10x | |
| Gate CYPH_USDTshort | 0.0000% | 8h | 3.4220 | +0.647% | $36K | $63K | 20x | |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4130 | +0.382% | $57K | $596K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4090 | +0.265% | — | $4.8M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4140 | +0.412% | $5K | $355K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4070 | +0.206% | $134K | $230K | 10x | as long as short |
| Binance CYPHUSDT | +0.0810% | 8h | 3.4070 | +0.206% | $230K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2251% | 1h | 3.5647 | +4.846% | $529 | $21K | 3x | as long as short |
Gate CYPH_USDT
Bybit CYPHUSDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD