Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.064%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.064%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.080% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2626 | 0.0140 | pay 0.0070% / 4h | 1h 50m | $13.6M | $39.3M | 10x |
| Short | MEXC SYN_USDT | 0.2628 | 0.0140 | get 0.0070% / 4h | 1h 50m | $3.4M | $6.9M | 50x |
Binance SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.06
- Price spread: +0.064% → −0.016%
- $8
- Slippage, 4 orders
- −$62.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$64.32
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago | 0.19 bp | 28.3 bp −$28 | 215.4 bp −$2,154 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.77 bp | 5.6 bp −$6 | 41.3 bp −$413 | 368.7 bp −$36.9K | 614.8 bp −$307.4K |
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 | −0.0096% | 1h | 0.2638 | +0.454% | $211K | $481K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2629 | +0.098% | $1.5M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2639 | +0.483% | $4K | $41K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2636 | +0.353% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDTshort | +0.0140% | 4h | 0.2628 | +0.064% | $3.4M | $6.9M | 50x | |
| Binance SYNUSDTlong | +0.0140% | 4h | 0.2626 | long leg | $13.6M | $39.3M | 10x | |
| BingX SYN-USDT | +0.0142% | 4h | 0.2628 | +0.056% | — | $3.1M | — | as long as short |
| Aster SYNUSDT | +0.1528% | 4h | 0.2634 | +0.299% | $2.9M | $815K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
BingX SYN-USDT
Aster SYNUSDT