Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against MEXC−0.147%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days−0.261%−$26 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.147%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.145% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SYN_USDT | 0.2446 | 0.0160 | pay 0.0080% / 4h | 3h 46m | $2.8M | $7.3M | 50x |
| Short | Bitget SYNUSDT | 0.2442 | 0.0100 | get 0.0050% / 4h | 3h 46m | $1.4M | $3.3M | 10x |
MEXC SYN_USDT
Bitget SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.6
- Price spread: −0.147% → −0.003%
- −$14.47
- Slippage, 4 orders
- −$76.94
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$116.01
- Costs to cover
- 0.889%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 4.09 bp | 5.8 bp −$6 | 43.5 bp −$435 | 346.9 bp −$34.7K | 603.1 bp −$301.5K |
| Sell Bitget live order book, 1 min ago | 8.58 bp | 40.6 bp −$41 | 209.6 bp −$2,096 | 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 | 0.2442 | −0.147% | $1.4M | $3.3M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2444 | −0.086% | $4K | $41K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2451 | +0.192% | $1.6M | $1.7M | 50x | as long as short |
| MEXC SYN_USDTlong | +0.0160% | 4h | 0.2446 | long leg | $2.8M | $7.3M | 50x | |
| Binance SYNUSDT | +0.0166% | 4h | 0.2444 | −0.080% | $12.5M | $40.5M | 10x | as long as short |
| BingX SYN-USDT | +0.0168% | 4h | 0.2447 | +0.025% | — | $3.2M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0897% | 1h | 0.2447 | +0.045% | $202K | $519K | 10x | as long as short |
| Aster SYNUSDT | +0.1291% | 4h | 0.2452 | +0.238% | $2.7M | $816K | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Binance SYNUSDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT