Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%
Price spread now: Orderly against Binance−0.585%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.585% cheaper against Binance than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2450 | 0.0111 | pay 0.0056% / 4h | 5m 00s | $12.2M | $42.4M | 10x |
| Short | Orderly PERP_SYN_USDC_mythos | 0.2436 | 0.0100 | get 0.0050% / 4h | 5m 00s | $4K | $39K | 10x |
Binance SYNUSDT
Orderly PERP_SYN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$2.37
- Price spread: −0.585% → 0.000%
- −$58.54
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$76.91
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.
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, 7 min ago | 1.03 bp | 32.5 bp −$33 | 187.3 bp −$1,873 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0102% | 1h | 0.2454 | +0.181% | $199K | $724K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2448 | −0.075% | $1.3M | $3.2M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythosshort | +0.0100% | 4h | 0.2436 | −0.585% | $4K | $39K | 10x | |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2442 | −0.304% | $1.6M | $1.8M | 50x | as long as short |
| MEXC SYN_USDT | +0.0110% | 4h | 0.2448 | −0.079% | $3.0M | $7.7M | 50x | as long as short |
| Binance SYNUSDTlong | +0.0111% | 4h | 0.2450 | long leg | $12.2M | $42.4M | 10x | |
| BingX SYN-USDT | +0.0115% | 4h | 0.2447 | −0.100% | — | $3.2M | — | as long as short |
| Aster SYNUSDT | +0.1754% | 4h | 0.2453 | +0.125% | $2.8M | $1.0M | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Aster SYNUSDT