Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.319%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.339%+$34 · spread now −0.319%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.301% cheaper against Binance than usual: you would sell low and buy high, −$30 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 | 0.2506 | 0.0262 | pay 0.0131% / 4h | 2h 54m | $12.6M | $43.6M | 10x |
| Short | MEXC SYN_USDT | 0.2498 | 0.0260 | get 0.0130% / 4h | 2h 54m | $2.9M | $8.2M | 50x |
Binance SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.38
- Price spread: −0.319% → −0.018%
- −$30.1
- Slippage, 4 orders
- −$34.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$74.86
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 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 Binance live order book, 2 min ago | 1.19 bp | 19.9 bp −$20 | 176.3 bp −$1,763 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.98 bp | 4.4 bp −$4 | 32.4 bp −$324 | 394.7 bp −$39.5K | 632.4 bp −$316.2K |
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 | −0.0365% | 1h | 0.2512 | +0.254% | $156K | $868K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2505 | −0.043% | $1.4M | $3.2M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2509 | +0.116% | $2K | $36K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2507 | +0.041% | $1.6M | $1.9M | 50x | as long as short |
| MEXC SYN_USDTshort | +0.0260% | 4h | 0.2498 | −0.319% | $2.9M | $8.2M | 50x | |
| Binance SYNUSDTlong | +0.0262% | 4h | 0.2506 | long leg | $12.6M | $43.6M | 10x | |
| BingX SYN-USDT | +0.0274% | 4h | 0.2508 | +0.092% | — | $3.3M | — | as long as short |
| Aster SYNUSDT | +0.1162% | 4h | 0.2511 | +0.198% | $2.9M | $1.0M | 5x | as long as short |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
BingX SYN-USDT
Aster SYNUSDT