Funding you earn now, next payment 05:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.001%
Price spread now: QFEX against SunX−0.148%7-day average −0.995% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)+0.001%$0 on $10k
+Price spread, last 2 days (all we have)+0.321%+$32 · spread now −0.148%, 7d avg −0.995%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.847% dearer against SunX than usual: you sell high and buy low, +$85 on $10k if it goes back to its 7-day average of −0.995%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CYPH-USDT | 3.3850 | 0 | get 0.0000% / 8h | 3h 06m | — | $4.6M | 10x |
| Short | QFEX CYPH-USD | 3.3800 | −0.0002 | pay 0.0000% / 1h | 6m 25s | $2.0M | $334K | 10x |
SunX CYPH-USDT
QFEX CYPH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$0.47
- Price spread: −0.148% → −0.995%
- $84.71
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $66.24
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 12 min ago; QFEX: live order book, 6 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 | 27.94 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 103.40 bp | 108.4 bp −$108 | 108.4 bp −$1,084 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CYPH-USDshort | −0.0002% | 1h | 3.3800 | −0.148% | $2.0M | $334K | 10x | |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.3760 | −0.266% | $29K | $381K | 25x | as long as short |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4060 | +0.620% | $35K | $56K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.3940 | +0.266% | $51K | $616K | 20x | as long as short |
| SunX CYPH-USDTlong | 0.0000% | 8h | 3.3850 | long leg | — | $4.6M | 10x | |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3850 | 0.000% | $5K | $352K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3800 | −0.148% | $138K | $233K | 10x | as long as short |
| Binance CYPHUSDT | +0.0134% | 8h | 3.3840 | −0.030% | $231K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2347% | 1h | 3.5593 | +5.150% | $585 | $20K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
Bitget CYPHUSDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD