Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bitget+0.144%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.144%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.126% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2634 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $1.6M | $3.1M | 10x |
| Short | Binance SYNUSDT | 0.2638 | 0.0128 | get 0.0064% / 4h | 2h 18m | $13.6M | $39.1M | 10x |
Bitget SYNUSDT
Binance SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $5.96
- Price spread: +0.144% → +0.018%
- $12.58
- Slippage, 4 orders
- −$103.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.2
- Costs to cover
- 1.257%
- Break-even
- 133.0 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 8 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 Bitget live order book, 4 min ago | 7.05 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.27 bp | 15.0 bp −$15 | 147.2 bp −$1,472 | 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 | −0.0099% | 1h | 0.2636 | +0.042% | $211K | $482K | 10x | as long as short |
| Bitget SYNUSDTlong | +0.0100% | 4h | 0.2634 | long leg | $1.6M | $3.1M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2632 | −0.076% | $4K | $37K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2634 | −0.023% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0120% | 4h | 0.2636 | +0.061% | $3.3M | $7.0M | 50x | as long as short |
| Binance SYNUSDTshort | +0.0128% | 4h | 0.2638 | +0.144% | $13.6M | $39.1M | 10x | |
| BingX SYN-USDT | +0.0134% | 4h | 0.2639 | +0.159% | — | $3.1M | — | as long as short |
| Aster SYNUSDT | +0.1512% | 4h | 0.2639 | +0.175% | $2.9M | $809K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Aster SYNUSDT