Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bitget+0.075%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1951.950% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now +0.075%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.058% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2548 | 0.0100 | pay 0.0050% / 4h | 53m 11s | $1.5M | $3.2M | 10x |
| Short | Binance SYNUSDT | 0.2550 | 0.0119 | get 0.0059% / 4h | 53m 11s | $13.0M | $39.8M | 10x |
Bitget SYNUSDT
Binance SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $3.97
- Price spread: +0.075% → +0.017%
- $5.77
- Slippage, 4 orders
- −$172.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$185.21
- Costs to cover
- 1.950%
- Break-even
- 333.7 days
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 8.13 bp | 67.8 bp −$68 | 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 SYNUSDTlong | +0.0100% | 4h | 0.2548 | long leg | $1.5M | $3.2M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2547 | −0.031% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2548 | −0.008% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0114% | 4h | 0.2550 | +0.075% | $3.3M | $7.1M | 50x | as long as short |
| Binance SYNUSDTshort | +0.0119% | 4h | 0.2550 | +0.075% | $13.0M | $39.8M | 10x | |
| BingX SYN-USDT | +0.0120% | 4h | 0.2550 | +0.090% | — | $3.1M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0644% | 1h | 0.2548 | +0.010% | $207K | $508K | 10x | as long as short |
| Aster SYNUSDT | +0.1365% | 4h | 0.2544 | −0.142% | $2.8M | $813K | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT