Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.214%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 7 days−0.317%−$32 · spread now +0.214%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.214% dearer against MEXC than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SYN_USDT | 0.2337 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $2.6M | $7.7M | 50x |
| Short | BingX SYN-USDT | 0.2342 | 0.0126 | get 0.0063% / 4h | 1h 17m | — | $3.2M | — |
MEXC SYN_USDT
BingX SYN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $5.46
- Price spread: +0.214% → 0.000%
- $21.42
- Slippage, 4 orders
- −$59.27
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.38
- Costs to cover
- 0.693%
- Break-even
- 61.3 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 7 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 MEXC live order book, 5 min ago | 4.26 bp | 7.6 bp −$8 | 45.0 bp −$450 | 368.9 bp −$36.9K | 605.4 bp −$302.7K |
| Sell BingX live order book, 7 min ago | 6.55 bp | 25.2 bp −$25 | 97.5 bp −$975 | 805.1 bp −$80.5K | 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 | −0.0147% | 1h | 0.2332 | −0.227% | $195K | $576K | 10x | as long as short |
| MEXC SYN_USDTlong | +0.0100% | 4h | 0.2337 | long leg | $2.6M | $7.7M | 50x | |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2338 | +0.060% | $1.3M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2335 | −0.073% | $4K | $38K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2336 | −0.064% | $1.5M | $1.8M | 50x | as long as short |
| Binance SYNUSDT | +0.0100% | 4h | 0.2337 | +0.014% | $11.7M | $40.9M | 10x | as long as short |
| BingX SYN-USDTshort | +0.0126% | 4h | 0.2342 | +0.214% | — | $3.2M | — | |
| Aster SYNUSDT | +0.1055% | 4h | 0.2338 | +0.046% | $2.6M | $827K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Binance SYNUSDT
Aster SYNUSDT