Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bitget+0.044%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.044%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.044% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2475 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $1.4M | $3.3M | 10x |
| Short | MEXC SYN_USDT | 0.2476 | 0.0158 | get 0.0079% / 4h | 3h 55m | $3.0M | $7.3M | 50x |
Bitget SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $12.18
- Price spread: +0.044% → +0.001%
- $4.35
- Slippage, 4 orders
- −$74.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$70.18
- Costs to cover
- 0.867%
- Break-even
- 47.3 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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 | 9.49 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.02 bp | 4.2 bp −$4 | 38.7 bp −$387 | 363.3 bp −$36.3K | 597.9 bp −$299.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex SYNUSDT | −0.0829% | 4h | 0.2480 | +0.214% | $1.6M | $1.7M | 50x | as long as short |
| Bitget SYNUSDTlong | +0.0100% | 4h | 0.2475 | long leg | $1.4M | $3.3M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2476 | +0.048% | $4K | $42K | 10x | as long as short |
| BingX SYN-USDT | +0.0154% | 4h | 0.2476 | +0.061% | — | $3.2M | — | as long as short |
| MEXC SYN_USDTshort | +0.0158% | 4h | 0.2476 | +0.044% | $3.0M | $7.3M | 50x | |
| Binance SYNUSDT | +0.0159% | 4h | 0.2477 | +0.085% | $12.6M | $40.4M | 10x | as long as short |
| Kraken Futures PF_SYNUSD | +0.0884% | 1h | 0.2481 | +0.241% | $203K | $513K | 10x | as long as short |
| Aster SYNUSDT | +0.1311% | 4h | 0.2481 | +0.237% | $2.8M | $816K | 5x | as long as short |
Phemex SYNUSDT
Orderly PERP_SYN_USDC_mythos
BingX SYN-USDT
Binance SYNUSDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT