Funding you earn now, next payment 07:00 UTC+0.2036%/8h= +223.0% APRpaid last 24h +0.258%
Price spread now: Kraken Futures against Orderly+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$61 a day on $10k at the current rate, and Kraken Futures is 0.031% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SYN_USDC_mythos | 0.2410 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $3K | $35K | 10x |
| Short | Kraken Futures PF_SYNUSD | 0.2411 | 0.2136 | get 0.0267% / 1h | 7m 36s | $178K | $753K | 10x |
Orderly PERP_SYN_USDC_mythos
Kraken Futures PF_SYNUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $427.66
- Price spread: +0.031% → 0.000%
- $3.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $414.77
- Costs to cover
- 0.160%
- Break-even
- 0.2 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 36 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 36 min ago | 32.92 bp | 55.2 bp −$55 | 566.0 bp −$5,660 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 SYNUSDT | +0.0100% | 4h | 0.2411 | +0.041% | $1.3M | $3.2M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythoslong | +0.0100% | 4h | 0.2410 | long leg | $3K | $35K | 10x | |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2413 | +0.112% | $1.6M | $1.9M | 50x | as long as short |
| BingX SYN-USDT | +0.0246% | 4h | 0.2408 | −0.108% | — | $3.2M | — | as long as short |
| MEXC SYN_USDT | +0.0250% | 4h | 0.2411 | +0.025% | $3.1M | $8.1M | 50x | as long as short |
| Binance SYNUSDT | +0.0256% | 4h | 0.2409 | −0.054% | $12.0M | $43.1M | 10x | as long as short |
| Aster SYNUSDT | +0.1520% | 4h | 0.2416 | +0.223% | $2.8M | $992K | 5x | as long as short |
| Kraken Futures PF_SYNUSDshort | +0.2136% | 1h | 0.2411 | +0.031% | $178K | $753K | 10x |
Bitget SYNUSDT
Phemex SYNUSDT
BingX SYN-USDT
MEXC SYN_USDT
Binance SYNUSDT
Aster SYNUSDT