Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Binance+0.008%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 7 days−0.091%−$9 · spread now +0.008%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.023% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2344 | 0.0132 | pay 0.0066% / 4h | 1h 45m | $11.8M | $40.7M | 10x |
| Short | BingX SYN-USDT | 0.2345 | 0.0142 | get 0.0071% / 4h | 1h 45m | — | $3.2M | — |
Binance SYNUSDT
BingX SYN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $2.13
- Price spread: +0.008% → −0.015%
- $2.3
- Slippage, 4 orders
- −$87.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.65
- Costs to cover
- 1.071%
- Break-even
- 343.8 days
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 3 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 Binance live order book, 11 min ago | 0.85 bp | 21.6 bp −$22 | 182.8 bp −$1,828 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.64 bp | 29.8 bp −$30 | 70.2 bp −$702 | 743.5 bp −$74.4K | 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 | −0.0146% | 1h | 0.2342 | −0.086% | $195K | $576K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2343 | −0.043% | $1.3M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2344 | −0.022% | $4K | $38K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2343 | −0.051% | $1.5M | $1.8M | 50x | as long as short |
| Binance SYNUSDTlong | +0.0132% | 4h | 0.2344 | long leg | $11.8M | $40.7M | 10x | |
| MEXC SYN_USDT | +0.0134% | 4h | 0.2343 | −0.060% | $2.6M | $7.6M | 50x | as long as short |
| BingX SYN-USDTshort | +0.0142% | 4h | 0.2345 | +0.008% | — | $3.2M | — | |
| Aster SYNUSDT | +0.1111% | 4h | 0.2347 | +0.111% | $2.6M | $818K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
Aster SYNUSDT