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CYPH perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

CYPH is quoted on 4 contracts. The highest funding rate is on OKX at +20.55% annualised, quoted per 8h, and the lowest is on Gate at 0.00% — a gap of 20.55 points. Every contract here quotes its rate per 8h.

Highest rate now
+20.55%
OKX · 8h
Lowest rate now
0.00%
Gate · 8h
Spread
20.55
points
Highest 30d realised APR
+21.13%
OKX

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
OKXCentralisedCYPH-USDT-SWAP +0.0188%8h +20.55% +21.13%
Annualised · +21.13% · range -141.9% … +263.4% · 49 settlements
20x 671.4K
BitgetCentralisedCYPHUSDT 0.0000%8h 0.00% +7.05%
Annualised · +7.05% · range -301.8% … +231.3% · 53 settlements
20x 602.7K
BybitCentralisedCYPHUSDT 0.0000%8h 0.00% —
no history yet
25x 110.7K
GateCentralisedCYPH_USDT 0.0000%8h 0.00% —
no history yet
20x 51.3K

Common questions

Which exchanges list CYPH perpetual futures?

CYPH trades as 4 perpetual contracts across 4 venues: Bitget, Bybit, Gate and OKX. The busiest is OKX, with $671.4K of 24h turnover — 47% of the total.

Where is CYPH funding cheapest right now?

For a long, the most favourable collected rate is 0.00% annualised on Gate; for a short, it is +20.55% on OKX — a gap of 20.55 points.

How much funding does a 10,000 USDT CYPH position pay per day?

At current rates a 10,000 USDT long pays about +5.63 USDT a day on OKX and 0.00 USDT on Gate. Over the past 30 days OKX actually settled an average of +5.79 USDT a day on the same position.

How often does CYPH funding settle?

Every venue collected here settles CYPH funding every 8h, 3 times a day.

What has CYPH funding actually paid over the past 30 days?

The highest realised figure was on OKX: +21.13% annualised across 49 settlements, 10% of them negative. The lowest was Bitget, at +7.05%. 2 of the 4 contracts have at least a week of settled history to measure.

What is the highest leverage available on CYPH?

The highest collected cap is 25x, on Bybit. On Bybit it applies up to 30K USDT of notional; above that the cap drops to 24x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

CYPH comparison scope and payment direction

This page retains low-turnover CYPH contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

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Margin ladders

OKX · CYPH-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 4000 base 2.0000% 20.00x —
2 4001 – 8000 base 3.0000% 15.00x —
3 8001 – 12000 base 4.0000% 12.50x —
4 12001 – 16000 base 4.5000% 11.76x —
5 16001 – 20000 base 5.0000% 11.11x —
6 20001 – 24000 base 5.5000% 10.52x —
7 24001 – 28000 base 6.0000% 10.00x —
8 28001 – 32000 base 6.5000% 9.52x —
9 32001 – 36000 base 7.0000% 9.09x —
10 36001 – 40000 base 7.5000% 8.69x —
11 40001 – 44000 base 8.0000% 8.33x —
12 44001 – 48000 base 8.5000% 8.00x —
13 48001 – 52000 base 9.0000% 7.69x —
14 52001 – 56000 base 9.5000% 7.40x —
15 56001 – 60000 base 10.0000% 7.14x —
16 60001 – 64000 base 10.5000% 6.89x —
17 64001 – 68000 base 11.0000% 6.66x —
18 68001 – 72000 base 11.5000% 6.45x —
19 72001 – 76000 base 12.0000% 6.25x —
20 76001 – 80000 base 12.5000% 6.06x —
21 80001 – 84000 base 13.0000% 5.88x —
22 84001 – 88000 base 13.5000% 5.71x —
23 88001 – 92000 base 14.0000% 5.55x —
24 92001 – 96000 base 14.5000% 5.40x —
25 96001 – 100000 base 15.0000% 5.26x —
26 100001 – 104000 base 15.5000% 5.12x —
27 104001 – 108000 base 16.0000% 5.00x —
28 108001 – 112000 base 16.5000% 4.87x —
29 112001 – 116000 base 17.0000% 4.76x —
30 116001 – 120000 base 17.5000% 4.65x —
31 120001 – 124000 base 18.0000% 4.54x —
32 124001 – 128000 base 18.5000% 4.44x —
33 128001 – 132000 base 19.0000% 4.34x —
34 132001 – 136000 base 19.5000% 4.25x —
35 136001 – 140000 base 20.0000% 4.16x —
36 140001 – 144000 base 20.5000% 4.08x —
37 144001 – 148000 base 21.0000% 4.00x —
38 148001 – 152000 base 21.5000% 3.92x —
39 152001 – 156000 base 22.0000% 3.84x —
40 156001 – 160000 base 22.5000% 3.77x —
41 160001 – 164000 base 23.0000% 3.70x —
42 164001 – 168000 base 23.5000% 3.63x —
43 168001 – 172000 base 24.0000% 3.57x —
44 172001 – 176000 base 24.5000% 3.50x —
45 176001 – 180000 base 25.0000% 3.44x —
46 180001 – 184000 base 25.5000% 3.38x —
47 184001 – 188000 base 26.0000% 3.33x —
48 188001 – 192000 base 26.5000% 3.27x —
49 192001 – 196000 base 27.0000% 3.22x —
50 196001 – 200000 base 27.5000% 3.17x —
51 200001 – 204000 base 28.0000% 3.12x —
52 204001 – 208000 base 28.5000% 3.07x —
53 208001 – 212000 base 29.0000% 3.03x —
54 212001 – 216000 base 29.5000% 2.98x —
55 216001 – 220000 base 30.0000% 2.94x —
56 220001 – 224000 base 30.5000% 2.89x —
57 224001 – 228000 base 31.0000% 2.85x —
58 228001 – 232000 base 31.5000% 2.81x —
59 232001 – 236000 base 32.0000% 2.77x —
60 236001 – 240000 base 32.5000% 2.73x —
61 240001 – 244000 base 33.0000% 2.70x —
62 244001 – 248000 base 33.5000% 2.66x —
63 248001 – 252000 base 34.0000% 2.63x —
64 252001 – 256000 base 34.5000% 2.59x —
65 256001 – 260000 base 35.0000% 2.56x —
66 260001 – 264000 base 35.5000% 2.53x —
67 264001 – 268000 base 36.0000% 2.50x —
68 268001 – 272000 base 36.5000% 2.46x —
69 272001 – 276000 base 37.0000% 2.43x —
70 276001 – 280000 base 37.5000% 2.40x —
71 280001 – 284000 base 38.0000% 2.38x —
72 284001 – 288000 base 38.5000% 2.35x —
73 288001 – 292000 base 39.0000% 2.32x —
74 292001 – 296000 base 39.5000% 2.29x —
75 296001 – 300000 base 40.0000% 2.27x —
76 300001 – 304000 base 40.5000% 2.24x —
77 304001 – 308000 base 41.0000% 2.22x —
78 308001 – 312000 base 41.5000% 2.19x —
79 312001 – 316000 base 42.0000% 2.17x —
80 316001 – 320000 base 42.5000% 2.15x —
81 320001 – 324000 base 43.0000% 2.12x —
82 324001 – 328000 base 43.5000% 2.10x —
83 328001 – 332000 base 44.0000% 2.08x —
84 332001 – 336000 base 44.5000% 2.06x —
85 336001 – 340000 base 45.0000% 2.04x —
86 340001 – 344000 base 45.5000% 2.02x —
87 344001 – 348000 base 46.0000% 2.00x —

Bitget · CYPHUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —

Bybit · CYPHUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 30000 quote 2.0000% 25.00x —
2 30000 – 39000 quote 2.0800% 24.00x 24
3 39000 – 51000 quote 2.1700% 23.00x 59.1
4 51000 – 66000 quote 2.2700% 22.00x 110.1
5 66000 – 86000 quote 2.3800% 21.00x 182.7
6 86000 – 110000 quote 2.5000% 20.00x 285.9
7 110000 – 145000 quote 2.6300% 19.00x 428.9
8 145000 – 190000 quote 2.7800% 18.00x 646.4
9 190000 – 245000 quote 2.9400% 17.00x 950.4
10 245000 – 315000 quote 3.1300% 16.00x 1415.9
11 315000 – 410000 quote 3.3300% 15.00x 2045.9
12 410000 – 535000 quote 3.5700% 14.00x 3029.9
13 535000 – 695000 quote 3.8500% 13.00x 4527.9
14 695000 – 905000 quote 4.1700% 12.00x 6751.9
15 905000 – 1200000 quote 4.5500% 11.00x 10190.9
16 1200000 – 1550000 quote 5.0000% 10.00x 15590.9
17 1550000 – 2000000 quote 5.5600% 9.00x 24270.9
18 2000000 – 2600000 quote 6.2500% 8.00x 38070.9
19 2600000 – 3350000 quote 7.1400% 7.00x 61210.9
20 3350000 – 4350000 quote 8.3300% 6.00x 101075.9
21 4350000 – 5650000 quote 10.0000% 5.00x 173720.9
22 5650000 – 7350000 quote 11.1100% 4.50x 236435.9
23 7350000 – 9600000 quote 12.5000% 4.00x 338600.9
24 9600000 – 12500000 quote 14.2900% 3.50x 510440.9
25 12500000 – 16000000 quote 16.6700% 3.00x 807940.9
26 16000000 – 21000000 quote 20.0000% 2.50x 1340740.9
27 21000000 – 27500000 quote 25.0000% 2.00x 2390740.9
28 27500000 – 35500000 quote 28.5700% 1.75x 3372490.9
29 35500000 – 46000000 quote 33.3300% 1.50x 5062290.9
30 46000000 – ∞ quote 50.0000% 1.00x 12730490.9

Gate · CYPH_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 3.0000% 16.00x 25
3 10000 – 20000 quote 3.5000% 14.00x 75
4 20000 – 30000 quote 4.0000% 12.00x 175
5 30000 – 50000 quote 5.0000% 10.00x 475
6 50000 – 70000 quote 6.5000% 8.00x 1225
7 70000 – 100000 quote 8.0000% 6.00x 2275
8 100000 – 200000 quote 10.0000% 5.00x 4275
9 200000 – 300000 quote 15.0000% 4.00x 14275
10 300000 – 500000 quote 20.0000% 3.00x 29275
11 500000 – 1000000 quote 25.0000% 2.00x 54275
12 1000000 – 1500000 quote 40.0000% 1.50x 204275
13 1500000 – ∞ quote 70.0000% 1.05x 654275