Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.019%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now +0.019%, 7d avg +0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SYN-USDT | 0.2601 | 0.0138 | pay 0.0069% / 4h | 1h 41m | — | $3.1M | — |
| Short | Binance SYNUSDT | 0.2601 | 0.0136 | get 0.0068% / 4h | 1h 41m | $13.4M | $39.4M | 10x |
BingX SYN-USDT
Binance SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$0.43
- Price spread: +0.019% → +0.018%
- $0.04
- Slippage, 4 orders
- −$104.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.63
- Costs to cover
- 1.242%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 16 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 BingX live order book, 9 min ago | 7.61 bp | 36.8 bp −$37 | 148.7 bp −$1,487 | 729.5 bp −$72.9K | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.19 bp | 32.9 bp −$33 | 182.9 bp −$1,829 | 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 | −0.0097% | 1h | 0.2599 | −0.083% | $208K | $486K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2603 | +0.088% | $1.5M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2599 | −0.085% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2597 | −0.135% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0134% | 4h | 0.2600 | −0.027% | $3.2M | $7.0M | 50x | as long as short |
| Binance SYNUSDTshort | +0.0136% | 4h | 0.2601 | +0.019% | $13.4M | $39.4M | 10x | |
| BingX SYN-USDTlong | +0.0138% | 4h | 0.2601 | long leg | — | $3.1M | — | |
| Aster SYNUSDT | +0.1488% | 4h | 0.2603 | +0.102% | $2.9M | $816K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
Aster SYNUSDT