Funding you earn now, next payment 04:00 UTC−0.1076%/8h= −117.9% APRnext payment −$5.38 per $10,000 · paid last 24h −0.290%
Price spread now: BingX against Aster+0.106%7-day average −0.146% · 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−$140as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 5 days (all we have)−1.112%−$111 on $10k
+Price spread, last 7 days−0.414%−$41 · spread now +0.106%, 7d avg −0.146%
=Together, before fees−1.526%+ Points / potential airdropAster: Stage 5 · farm board−$153 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.252% dearer against Aster than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.146%): +$25 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2367 | 0.1176 | pay 0.0588% / 4h | 57m 47s | $2.7M | $916K | 5x |
| Short | BingX SYN-USDT | 0.2369 | 0.0100 | get 0.0050% / 4h | 57m 47s | — | $3.2M | — |
Aster SYNUSDT
BingX SYN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- −$226.04
- Price spread: +0.106% → −0.146%
- $25.18
- Slippage, 4 orders
- −$147.18
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$366.04
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; BingX: live order book, 7 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 Aster live order book, 6 min ago | 4.23 bp | 70.0 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.16 bp | 34.5 bp −$35 | 111.9 bp −$1,119 | 815.5 bp −$81.6K | doesn't fit |
SYN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYNUSD | −0.0106% | 1h | 0.2349 | −0.773% | $184K | $592K | 10x | as long as short |
| Binance SYNUSDT | +0.0100% | 4h | 0.2370 | +0.148% | $11.8M | $41.2M | 10x | as long as short |
| MEXC SYN_USDT | +0.0100% | 4h | 0.2367 | +0.005% | $2.7M | $7.6M | 50x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2369 | +0.085% | $1.3M | $3.2M | 10x | as long as short |
| BingX SYN-USDTshort | +0.0100% | 4h | 0.2369 | +0.106% | — | $3.2M | — | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2343 | −0.997% | $3K | $39K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2358 | −0.392% | $1.5M | $1.8M | 50x | as long as short |
| Aster SYNUSDTlong | +0.1176% | 4h | 0.2367 | long leg | $2.7M | $916K | 5x |
Kraken Futures PF_SYNUSD
Binance SYNUSDT
MEXC SYN_USDT
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT