Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Binance+0.043%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1171.173% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.043%, 7d avg −0.017%
=The price spread pays, funding is against you. Bitget is 0.060% dearer against Binance than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.017%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 7 days (−0.258% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2566 | 0.0122 | pay 0.0061% / 4h | 1h 02m | $13.1M | $39.7M | 10x |
| Short | Bitget SYNUSDT | 0.2568 | 0.0100 | get 0.0050% / 4h | 1h 02m | $1.5M | $3.2M | 10x |
Binance SYNUSDT
Bitget SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$4.52
- Price spread: +0.043% → −0.017%
- $5.97
- Slippage, 4 orders
- −$95.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.8
- Costs to cover
- 1.173%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 10 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, 9 min ago | 1.95 bp | 23.7 bp −$24 | 209.4 bp −$2,094 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 6.83 bp | 30.1 bp −$30 | 160.4 bp −$1,604 | doesn't fit | 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 | −0.0098% | 1h | 0.2564 | −0.093% | $208K | $503K | 10x | as long as short |
| Bitget SYNUSDTshort | +0.0100% | 4h | 0.2568 | +0.043% | $1.5M | $3.2M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2562 | −0.187% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2564 | −0.090% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0120% | 4h | 0.2567 | +0.019% | $3.3M | $7.2M | 50x | as long as short |
| BingX SYN-USDT | +0.0121% | 4h | 0.2567 | +0.023% | — | $3.1M | — | as long as short |
| Binance SYNUSDTlong | +0.0122% | 4h | 0.2566 | long leg | $13.1M | $39.7M | 10x | |
| Aster SYNUSDT | +0.1403% | 4h | 0.2570 | +0.136% | $2.9M | $812K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Aster SYNUSDT