Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX+0.147%7-day average −0.043% · 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−$250as in the Price arb table
costs, in and out, $10k−$2692.693% of the position
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.108%−$11 · spread now +0.147%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.190% dearer against SunX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CYPH-USDT | 3.4020 | 0 | get 0.0000% / 8h | 4h 35m | — | $4.7M | 10x |
| Short | Phemex CYPHUSDT | 3.4070 | 0 | get 0.0000% / 8h | 4h 35m | $135K | $231K | 10x |
SunX CYPH-USDT
Phemex CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.147% → −0.043%
- $19
- Slippage, 4 orders
- −$249.31
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$250.31
- Costs to cover
- 2.693%
- Break-even
- never at this rate
Slippage from SunX: live order book, 13 min ago; Phemex: live order book, 21 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 SunX live order book, 13 min ago | 27.90 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 21 min ago | 2.93 bp | 44.6 bp −$45 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4170 | +0.441% | $73K | $307K | 25x | as long as short |
| QFEX CYPH-USD | 0.0000% | 1h | 3.4000 | −0.059% | $2.0M | $366K | 10x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | +0.529% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4118 | +0.288% | $58K | $610K | 20x | as long as short |
| SunX CYPH-USDTlong | 0.0000% | 8h | 3.4020 | long leg | — | $4.7M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4090 | +0.206% | $5K | $353K | 20x | as long as short |
| Phemex CYPHUSDTshort | 0.0000% | 8h | 3.4070 | +0.147% | $135K | $231K | 10x | |
| Binance CYPHUSDT | +0.0677% | 8h | 3.4047 | +0.079% | $235K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2326% | 1h | 3.5648 | +4.784% | $551 | $21K | 3x | as long as short |
Bybit CYPHUSDT
QFEX CYPH-USD
Gate CYPH_USDT
Bitget CYPHUSDT
HTX CYPH-USDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD