Funding you earn now, next payment 00:00 UTC−0.1391%/8h= −152.3% APRnext payment −$6.95 per $10,000 · paid last 24h −0.236%
Price spread now: MEXC against Aster−0.229%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 5 days (all we have)−0.951%−$95 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.229%, 7d avg −0.179%
=Together, before fees−1.001%+ Points / potential airdropAster: Stage 5 · farm board−$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and MEXC is 0.050% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.179%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2617 | 0.1523 | pay 0.0761% / 4h | 2h 16m | $2.9M | $810K | 5x |
| Short | MEXC SYN_USDT | 0.2611 | 0.0132 | get 0.0066% / 4h | 2h 16m | $3.2M | $7.0M | 50x |
Aster SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$292.06
- Price spread: −0.229% → −0.179%
- −$5.02
- Slippage, 4 orders
- −$117.01
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$422.09
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago | 11.36 bp | 73.9 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.78 bp | 5.1 bp −$5 | 28.5 bp −$285 | 363.1 bp −$36.3K | 580.4 bp −$290.2K |
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 | −0.0098% | 1h | 0.2648 | +1.181% | $212K | $481K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2611 | −0.229% | $1.5M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2648 | +1.173% | $4K | $37K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2650 | +1.257% | $1.7M | $1.7M | 50x | as long as short |
| BingX SYN-USDT | +0.0130% | 4h | 0.2612 | −0.191% | — | $3.1M | — | as long as short |
| MEXC SYN_USDTshort | +0.0132% | 4h | 0.2611 | −0.229% | $3.2M | $7.0M | 50x | |
| Binance SYNUSDT | +0.0134% | 4h | 0.2615 | −0.088% | $13.4M | $39.2M | 10x | as long as short |
| Aster SYNUSDTlong | +0.1523% | 4h | 0.2617 | long leg | $2.9M | $810K | 5x |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
BingX SYN-USDT
Binance SYNUSDT