Funding you earn now, next payment 23:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h +0.285%
Price spread now: Kraken Futures against Bitget−0.025%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.025%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2641 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $1.6M | $3.1M | 10x |
| Short | Kraken Futures PF_SYNUSD | 0.2640 | −0.0096 | pay 0.0012% / 1h | 25m 11s | $211K | $490K | 10x |
Bitget SYNUSDT
Kraken Futures PF_SYNUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$41.06
- Price spread: −0.025% → −0.025%
- $0.1
- Slippage, 4 orders
- −$145.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$208.76
- Costs to cover
- 1.678%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 58 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, 2 min ago | 7.17 bp | 27.4 bp −$27 | 311.4 bp −$3,114 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 58 min ago | 43.50 bp | 59.8 bp −$60 | doesn't fit | 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_SYNUSDshort | −0.0096% | 1h | 0.2640 | −0.025% | $211K | $490K | 10x | |
| Bitget SYNUSDTlong | +0.0100% | 4h | 0.2641 | long leg | $1.6M | $3.1M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2640 | −0.049% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2639 | −0.091% | $1.7M | $1.7M | 50x | as long as short |
| MEXC SYN_USDT | +0.0152% | 4h | 0.2639 | −0.076% | $3.3M | $7.1M | 50x | as long as short |
| Binance SYNUSDT | +0.0154% | 4h | 0.2640 | −0.026% | $13.6M | $39.4M | 10x | as long as short |
| BingX SYN-USDT | +0.0155% | 4h | 0.2641 | +0.011% | — | $3.1M | — | as long as short |
| Aster SYNUSDT | +0.1512% | 4h | 0.2646 | +0.183% | $2.9M | $812K | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
Binance SYNUSDT
BingX SYN-USDT
Aster SYNUSDT