Funding you earn now, next payment 08:00 UTC−0.0133%/8h= −14.6% APRnext payment −$1.33 per $10,000 · paid last 24h −0.276%
Price spread now: Bitget against SunX+0.313%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)−0.276%−$28 on $10k
+Price spread, last 2 days (all we have)+0.013%+$1 · spread now +0.313%, 7d avg +0.153%
=The price spread pays, funding is against you. Bitget is 0.160% dearer against SunX than usual: you sell high and buy low (spread +0.313% now, against its 7-day average of +0.153%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 2 days (−0.276% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CYPH-USDT | 3.4180 | 0 | get 0.0000% / 8h | 1h 47m | — | $4.5M | 10x |
| Short | Bitget CYPHUSDT | 3.4287 | −0.0133 | pay 0.0133% / 8h | 1h 47m | $48K | $626K | 20x |
SunX CYPH-USDT
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- −$27.93
- Price spread: +0.313% → +0.153%
- $15.99
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.94
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 12 min ago; Bitget: live order book, 58 min ago. 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 SunX live order book, 12 min ago | 33.58 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 13.81 bp | 83.9 bp −$84 | 96.4 bp −$964 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CYPHUSDTshort | −0.0133% | 8h | 3.4287 | +0.313% | $48K | $626K | 20x | |
| QFEX CYPH-USD | −0.0028% | 1h | 3.4200 | +0.059% | $2.1M | $350K | 10x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4190 | +0.029% | $28K | $389K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4240 | +0.176% | $36K | $54K | 20x | as long as short |
| SunX CYPH-USDTlong | 0.0000% | 8h | 3.4180 | long leg | — | $4.5M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4190 | +0.029% | $8K | $359K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4270 | +0.263% | $144K | $238K | 10x | as long as short |
| Binance CYPHUSDT | +0.0204% | 8h | 3.4187 | +0.021% | $248K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2372% | 1h | 3.5648 | +4.293% | $530 | $20K | 3x | as long as short |
QFEX CYPH-USD
Bybit CYPHUSDT
Gate CYPH_USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD