Funding you earn now, next payment 08:00 UTC−0.1138%/8h= −124.6% APRnext payment −$5.69 per $10,000 · paid last 24h −0.372%
Price spread now: MEXC against Aster−0.122%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1341.344% of the position
Funding, last 6 days (all we have)−1.090%−$109 on $10k
+Price spread, last 7 days+0.561%+$56 · spread now −0.122%, 7d avg −0.144%
=Together, before fees−0.530%+ Points / potential airdropAster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.022% dearer against Aster than usual: you sell high and buy low (spread −0.122% now, against its 7-day average of −0.144%): +$2 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2453 | 0.1366 | pay 0.0683% / 4h | 40m 11s | $2.8M | $991K | 5x |
| Short | MEXC SYN_USDT | 0.2450 | 0.0228 | get 0.0114% / 4h | 40m 11s | $3.1M | $8.1M | 50x |
Aster SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$238.91
- Price spread: −0.122% → −0.144%
- $2.16
- Slippage, 4 orders
- −$126.4
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$371.15
- Costs to cover
- 1.344%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 12.25 bp | 89.6 bp −$90 | 874.3 bp −$8,743 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.09 bp | 6.4 bp −$6 | 41.3 bp −$413 | 350.2 bp −$35.0K | 587.2 bp −$293.6K |
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 | 0.2450 | −0.139% | $1.4M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2452 | −0.049% | $3K | $35K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2450 | −0.130% | $1.6M | $1.9M | 50x | as long as short |
| MEXC SYN_USDTshort | +0.0228% | 4h | 0.2450 | −0.122% | $3.1M | $8.1M | 50x | |
| Binance SYNUSDT | +0.0231% | 4h | 0.2450 | −0.106% | $12.2M | $43.0M | 10x | as long as short |
| BingX SYN-USDT | +0.0231% | 4h | 0.2453 | −0.008% | — | $3.3M | — | as long as short |
| Aster SYNUSDTlong | +0.1366% | 4h | 0.2453 | long leg | $2.8M | $991K | 5x | |
| Kraken Futures PF_SYNUSD | +0.1468% | 1h | 0.2454 | +0.021% | $180K | $758K | 10x | as long as short |
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Binance SYNUSDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD