Funding you earn now, next payment 00:00 UTC−0.1246%/8h= −136.5% APRnext payment −$6.23 per $10,000 · paid last 24h −0.236%
Price spread now: Binance against Aster+0.305%7-day average −0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2762.758% of the position
Funding, last 5 days (all we have)−0.950%−$95 on $10k
+Price spread, last 4 days (all we have)−0.555%−$56 · spread now +0.305%, 7d avg −0.149%
=Together, before fees−1.505%+ Points / potential airdropAster: Stage 5 · farm board−$151 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.453% dearer against Aster than usual: you sell high and buy low (spread +0.305% now, against its 7-day average of −0.149%): +$45 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 5 days (−0.950% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2545 | 0.1365 | pay 0.0683% / 4h | 52m 55s | $2.8M | $813K | 5x |
| Short | Binance SYNUSDT | 0.2552 | 0.0119 | get 0.0059% / 4h | 52m 55s | $13.1M | $39.9M | 10x |
Aster SYNUSDT
Binance SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$261.73
- Price spread: +0.305% → −0.149%
- $45.35
- Slippage, 4 orders
- −$257.77
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$492.15
- Costs to cover
- 2.758%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Binance: 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 Aster live order book, 6 min ago | 23.64 bp | 146.9 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.97 bp | 25.8 bp −$26 | 157.6 bp −$1,576 | 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 SYNUSDT | +0.0100% | 4h | 0.2551 | +0.238% | $1.5M | $3.2M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2547 | +0.104% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2548 | +0.128% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0114% | 4h | 0.2551 | +0.249% | $3.3M | $7.1M | 50x | as long as short |
| Binance SYNUSDTshort | +0.0119% | 4h | 0.2552 | +0.305% | $13.1M | $39.9M | 10x | |
| BingX SYN-USDT | +0.0120% | 4h | 0.2551 | +0.265% | — | $3.1M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0644% | 1h | 0.2548 | +0.146% | $207K | $508K | 10x | as long as short |
| Aster SYNUSDTlong | +0.1365% | 4h | 0.2545 | long leg | $2.8M | $813K | 5x |
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD