ArbiLayer

CYPH arbitrage

live

Live Cypherpunk Technologies (Backpack Securities) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.19%Bybit → Binance · Perp–Perp
Best perp–perp spread-0.03%Bybit → Binance
Markets tracked77 venues · 7 perp · 0 spot · 0 DEX
Price range0.16%$3.04 – $3.04

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$3.04Binance logoBinance$3.04 -0.03%-0.19% -0.09%— -0.186%— LS Chart →
KuCoin logoKuCoin$3.04Binance logoBinance$3.04 -0.03%-0.19% -0.14%— -0.311%— LS Chart →
Bybit logoBybit$3.04Bitget logoBitget$3.04 -0.05%-0.21% -0.08%— -0.105%— LS Chart →
KuCoin logoKuCoin$3.04Bitget logoBitget$3.04 -0.05%-0.21% -0.12%— -0.230%— LS Chart →
OKX logoOKX$3.04Binance logoBinance$3.04 -0.07%-0.23% -0.07%— +0.012%— LS Chart →
Bybit logoBybit$3.04OKX logoOKX$3.04 -0.07%-0.23% -0.14%— -0.198%— LS Chart →
KuCoin logoKuCoin$3.04OKX logoOKX$3.04 -0.07%-0.23% -0.18%— -0.323%— LS Chart →
Binance logoBinance$3.04Bitget logoBitget$3.04 -0.08%-0.24% -0.05%— +0.081%— LS Chart →
Bitget logoBitget$3.04Binance logoBinance$3.04 -0.08%-0.24% -0.11%— -0.081%— LS Chart →
OKX logoOKX$3.04Bitget logoBitget$3.04 -0.09%-0.25% -0.05%— +0.093%— LS Chart →
Binance logoBinance$3.04OKX logoOKX$3.04 -0.11%-0.27% -0.11%— -0.012%— LS Chart →
Bitget logoBitget$3.04OKX logoOKX$3.04 -0.12%-0.28% -0.15%— -0.093%— LS Chart →
Bybit logoBybit$3.04HTX logoHTX$3.04 -0.16%-0.32% -0.25%— -0.245%— LS Chart →
KuCoin logoKuCoin$3.04HTX logoHTX$3.04 -0.16%-0.32% -0.29%— -0.371%— LS Chart →
Binance logoBinance$3.04HTX logoHTX$3.04 -0.20%-0.36% -0.22%— -0.059%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

CYPH price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · CYPHUSDTMPerpetual $3.04$3.04$3.04-0.08% +0.371%$3.24M
OKX logoOKXPerpetual · CYPH-USDT-SWAPPerpetual $3.04$3.04$3.040.00% +0.048%$527.2K
Bitget logoBitgetPerpetual · CYPHUSDTPerpetual $3.04$3.04$3.04+0.02% +0.141%$478.8K
Bybit logoBybitPerpetual · CYPHUSDTPerpetual $3.04$3.04$3.04-0.12% +0.245%$316.3K
HTX logoHTXPerpetual · CYPH-USDTPerpetual $3.04$3.05$3.04+0.05% 0.000%$121.7K
Gate logoGatePerpetual · CYPH_USDTPerpetual $3.03$3.05$3.04-0.10% 0.000%$10.9K
Binance logoBinancePerpetual · CYPHUSDTPerpetual $3.04$3.04$3.04+0.02% +0.059%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

CYPH arbitrage explained

Right now Cypherpunk Technologies (Backpack Securities) (CYPH) trades on 7 venues we scan: 7 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $3.04 and the highest bid on Binance perp at $3.04.

The widest CYPH perpetual spread is between Bybit and Binance: long CYPH on Bybit at $3.04 and short on Binance at $3.04 for -0.03% gross, or -0.19% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.186% per day, which the position pays while it is open.

Small CYPH gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: CYPH funding rates · CYPH spread charts · Cypherpunk Technologies (Backpack Securities) price · arbitrage scanner for all coins.

Is there a CYPH arbitrage opportunity right now?

The best CYPH route right now is to buy on Bybit → sell on Binance (Perp–Perp): -0.03% gross and -0.19% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest CYPH?

KuCoin (perp) has the lowest CYPH ask at $3.04, and Binance (perp) the highest bid at $3.04. Prices update every 15 seconds on this page.

How many exchanges list CYPH?

ArbiLayer tracks 7 CYPH markets on 7 venues: 7 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage CYPH without transferring coins?

Use two perpetual contracts: go long CYPH on the cheaper exchange (Bybit now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

POWER +18.00%CRO +16.52%ESPORTS +7.44%OPENAI +6.42%ONE +5.96%AI +4.03%ANTHROPIC +3.49%SPCX +3.30%OURA +3.14%ZIL +3.02%EGLD +2.75%MUSEBOOK +2.29%APPSTOCK +2.05%COOL +1.93%ZCAT +1.68%UPC +1.65%LUNC +1.64%PENGSTOCK +1.61%