CYPH funding rates
CYPH perpetual funding across 3 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 20.2%long Bitget, short Gate · net 13.1%
- Highest funding now
- 99.8%BgBitgetCEX
- Lowest funding now
- −116%ByBybitCEX
- Listed on
- 3 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BgBitgetCEX | CYPHUSDT | 99.8% | 42.3% | −20.2% | 0.4% | −30.6% | 14% | 8h | 08:00 | 3.22 | $215k | $374k | BgBitget | ||
| GtGateCEX | CYPH_USDT | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0% | 8h | 08:00 | 3.23 | $76k | $37k | GtGate | ||
| ByBybitCEX | CYPHUSDT | −116% | −6.7% | −6.2% | 9.9% | −6.1% | 19% | 8h | 08:00 | 3.23 | $100k | $506k | ByBybit |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| BgBitgetCEX | GtGateCEX | −99.8% | −42.3% | 20.2% | −0.4% | 13.1% | 19.7% | 4.9d | cooling | $76k | BgGt | calc | ||
| BgBitgetCEX | ByBybitCEX | −215% | −49.0% | 14.0% | 10.3% | 8.0% | 11.9% | 6.0d | cooling | $100k | BgBy | calc | ||
| ByBybitCEX | GtGateCEX | 116% | 6.7% | 6.2% | −9.9% | −0.6% | −0.9% | 15d | steady | $76k | ByGt | calc | ||
| GtGateCEX | BgBitgetCEX | 99.8% | 42.3% | −20.2% | 0.4% | −27.2% | −40.8% | — | spike | $76k | GtBg | calc | ||
| ByBybitCEX | BgBitgetCEX | 215% | 49.0% | −14.0% | −10.3% | −20.0% | −29.9% | — | spike | $100k | ByBg | calc | ||
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 07:25 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Bitget at 3.2218, sell on Bybit at 3.227: 0.161% before fees, −0.069% after taker fees.
| Buy ↓ · Sell → | ByBybit3.227 | GtGate3.227 | BgBitget3.2218 |
|---|---|---|---|
| BgBitget3.2218 | 0.161% | 0.161% | — |
| ByBybit3.227 | — | 0.000% | −0.161% |
| GtGate3.227 | 0.000% | — | −0.161% |
All quotes (3)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| BgBitgetCEX | 3.2218 | 3.2218 | mark | 8m | $374k | no FX |
| ByBybitCEX | 3.227 | 3.227 | mark | 8m | $506k | no FX |
| GtGateCEX | 3.227 | 3.227 | mark | 8m | $37k | no FX |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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