Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against Bitget+0.062%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.062%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.062% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2410 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.3M | $3.2M | 10x |
| Short | MEXC SYN_USDT | 0.2412 | 0.0250 | get 0.0125% / 4h | 1h 08m | $3.1M | $8.1M | 50x |
Bitget SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $31.5
- Price spread: +0.062% → 0.000%
- $6.25
- Slippage, 4 orders
- −$63.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$37.53
- Costs to cover
- 0.753%
- Break-even
- 15.3 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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 | 6.62 bp | 26.3 bp −$26 | 500.2 bp −$5,002 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.07 bp | 3.7 bp −$4 | 43.2 bp −$432 | 376.6 bp −$37.7K | 624.3 bp −$312.2K |
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 SYNUSDTlong | +0.0100% | 4h | 0.2410 | long leg | $1.3M | $3.2M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2410 | −0.004% | $3K | $35K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2413 | +0.108% | $1.6M | $1.9M | 50x | as long as short |
| BingX SYN-USDT | +0.0238% | 4h | 0.2411 | +0.037% | — | $3.2M | — | as long as short |
| MEXC SYN_USDTshort | +0.0250% | 4h | 0.2412 | +0.062% | $3.1M | $8.1M | 50x | |
| Binance SYNUSDT | +0.0252% | 4h | 0.2413 | +0.104% | $12.0M | $43.1M | 10x | as long as short |
| Aster SYNUSDT | +0.1525% | 4h | 0.2417 | +0.270% | $2.8M | $992K | 5x | as long as short |
| Kraken Futures PF_SYNUSD | +0.2136% | 1h | 0.2411 | +0.027% | $178K | $753K | 10x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
BingX SYN-USDT
Binance SYNUSDT
Aster SYNUSDT
Kraken Futures PF_SYNUSD