Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against Phemex−0.065%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.065% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it 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 | Phemex SYNUSDT | 0.2456 | 0.0100 | pay 0.0050% / 4h | 28m 45s | $1.6M | $1.8M | 50x |
| Short | Orderly PERP_SYN_USDC_mythos | 0.2454 | 0.0100 | get 0.0050% / 4h | 28m 45s | $4K | $39K | 10x |
Phemex SYNUSDT
Orderly PERP_SYN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Phemex. 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
- $0
- Price spread: −0.065% → 0.000%
- −$6.51
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.51
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Orderly: no order-book sample. 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 Phemex live order book, 5 min ago | 8.58 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYNUSD | −0.0101% | 1h | 0.2463 | +0.308% | $201K | $723K | 10x | as long as short |
| Binance SYNUSDT | +0.0100% | 4h | 0.2459 | +0.122% | $12.3M | $41.9M | 10x | as long as short |
| MEXC SYN_USDT | +0.0100% | 4h | 0.2461 | +0.208% | $3.0M | $7.7M | 50x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2462 | +0.269% | $1.4M | $3.2M | 10x | as long as short |
| BingX SYN-USDT | +0.0100% | 4h | 0.2462 | +0.248% | — | $3.2M | — | as long as short |
| Orderly PERP_SYN_USDC_mythosshort | +0.0100% | 4h | 0.2454 | −0.065% | $4K | $39K | 10x | |
| Phemex SYNUSDTlong | +0.0100% | 4h | 0.2456 | long leg | $1.6M | $1.8M | 50x | |
| Aster SYNUSDT | +0.1644% | 4h | 0.2469 | +0.533% | $2.9M | $979K | 5x | as long as short |
Kraken Futures PF_SYNUSD
Binance SYNUSDT
MEXC SYN_USDT
Bitget SYNUSDT
BingX SYN-USDT
Aster SYNUSDT