Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: HTX against QFEX0.000%7-day average +0.947% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$795as in the Price arb table
costs, in and out, $10k−$7006.999% of the position
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.293%−$29 · spread now 0.000%, 7d avg +0.947%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.947% cheaper against QFEX than usual: you would sell low and buy high, −$95 on $10k if it goes back to its 7-day average of +0.947%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CYPH-USD | 3.4300 | 0.0000 | pay 0.0000% / 1h | 59m 38s | $2.1M | $328K | 10x |
| Short | HTX CYPH-USDT | 3.4300 | 0 | get 0.0000% / 8h | 5h 59m | $7K | $357K | 20x |
QFEX CYPH-USD
HTX CYPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$0.02
- Price spread: 0.000% → +0.947%
- −$94.69
- Slippage, 4 orders
- −$677.89
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$794.59
- Costs to cover
- 6.999%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; HTX: live order book, 51 min ago.
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, 6 min ago | 14.60 bp | 71.3 bp −$71 | 77.3 bp −$773 | doesn't fit | doesn't fit |
| Sell HTX live order book, 51 min ago | 30.91 bp | 226.6 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
CYPH on 10 exchanges
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 | 3.4410 | +0.321% | $39K | $426K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4210 | −0.262% | $36K | $54K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4267 | −0.096% | $45K | $612K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4210 | −0.262% | — | $3.6M | 10x | as long as short |
| HTX CYPH-USDTshort | 0.0000% | 8h | 3.4300 | 0.000% | $7K | $357K | 20x | |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4300 | 0.000% | $149K | $224K | 10x | as long as short |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.4300 | long leg | $2.1M | $328K | 10x | |
| edgeX CYPHUSDC | +0.0037% | 4h | 3.4155 | −0.422% | $146 | $37K | 10x | as long as short |
| Binance CYPHUSDT | +0.0180% | 8h | 3.4303 | +0.009% | $244K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2378% | 1h | 3.5648 | +3.929% | $580 | $20K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
Phemex CYPHUSDT
edgeX CYPHUSDC
Binance CYPHUSDT
Aftermath Perps CYPHUSD