Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Binance−0.145%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.145%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.127% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2618 | 0.0102 | pay 0.0051% / 4h | 2h 32m | $13.4M | $38.9M | 10x |
| Short | Bitget SYNUSDT | 0.2614 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.6M | $3.1M | 10x |
Binance SYNUSDT
Bitget SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$0.52
- Price spread: −0.145% → −0.018%
- −$12.67
- Slippage, 4 orders
- −$95.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$130.94
- Costs to cover
- 1.178%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.19 bp | 26.6 bp −$27 | 193.1 bp −$1,931 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.88 bp | 29.9 bp −$30 | 175.9 bp −$1,759 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYNUSD | −0.0100% | 1h | 0.2614 | −0.166% | $207K | $483K | 10x | as long as short |
| MEXC SYN_USDT | +0.0100% | 4h | 0.2615 | −0.115% | $3.2M | $6.9M | 50x | as long as short |
| Bitget SYNUSDTshort | +0.0100% | 4h | 0.2614 | −0.145% | $1.6M | $3.1M | 10x | |
| BingX SYN-USDT | +0.0100% | 4h | 0.2614 | −0.164% | — | $3.1M | — | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2615 | −0.122% | $5K | $36K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2613 | −0.183% | $1.7M | $1.7M | 50x | as long as short |
| Binance SYNUSDTlong | +0.0102% | 4h | 0.2618 | long leg | $13.4M | $38.9M | 10x | |
| Aster SYNUSDT | +0.1449% | 4h | 0.2625 | +0.267% | $2.9M | $800K | 5x | as long as short |
Kraken Futures PF_SYNUSD
MEXC SYN_USDT
BingX SYN-USDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Aster SYNUSDT