Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against BingX−0.126%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1461.456% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.126%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.125% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SYN-USDT | 0.2385 | 0.0218 | pay 0.0109% / 4h | 2h 51m | — | $3.2M | — |
| Short | Bitget SYNUSDT | 0.2382 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1.3M | $3.3M | 10x |
BingX SYN-USDT
Bitget SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$24.78
- Price spread: −0.126% → −0.001%
- −$12.53
- Slippage, 4 orders
- −$123.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$182.91
- Costs to cover
- 1.456%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 1 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, 13 min ago | 7.78 bp | 32.9 bp −$33 | 95.4 bp −$954 | 862.9 bp −$86.3K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.39 bp | 37.3 bp −$37 | 194.9 bp −$1,949 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDTshort | +0.0100% | 4h | 0.2382 | −0.126% | $1.3M | $3.3M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2385 | +0.017% | $4K | $40K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2382 | −0.126% | $1.5M | $1.8M | 50x | as long as short |
| MEXC SYN_USDT | +0.0206% | 4h | 0.2385 | +0.004% | $2.7M | $7.5M | 50x | as long as short |
| Binance SYNUSDT | +0.0207% | 4h | 0.2386 | +0.060% | $12.1M | $41.2M | 10x | as long as short |
| BingX SYN-USDTlong | +0.0218% | 4h | 0.2385 | long leg | — | $3.2M | — | |
| Kraken Futures PF_SYNUSD | +0.0455% | 1h | 0.2382 | −0.120% | $193K | $559K | 10x | as long as short |
| Aster SYNUSDT | +0.1269% | 4h | 0.2385 | +0.003% | $2.7M | $812K | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
Binance SYNUSDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT