Funding you earn now, next payment 09:00 UTC+0.0487%/8h= +53.3% APRpaid last 24h −0.279%
Price spread now: Orderly against Kraken Futures+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Orderly is 0.107% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SYNUSD | 0.2448 | −0.0387 | get 0.0048% / 1h | 28m 17s | $153K | $852K | 10x |
| Short | Orderly PERP_SYN_USDC_mythos | 0.2450 | 0.0100 | get 0.0050% / 4h | 3h 28m | $3K | $35K | 10x |
Kraken Futures PF_SYNUSD
Orderly PERP_SYN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- $102.17
- Price spread: +0.107% → 0.000%
- $10.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $96.85
- Costs to cover
- 0.160%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 5 min ago | 16.96 bp | 27.3 bp −$27 | 202.9 bp −$2,029 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_SYNUSDlong | −0.0387% | 1h | 0.2448 | long leg | $153K | $852K | 10x | |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2452 | +0.180% | $1.4M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythosshort | +0.0100% | 4h | 0.2450 | +0.107% | $3K | $35K | 10x | |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2452 | +0.168% | $1.6M | $1.9M | 50x | as long as short |
| Binance SYNUSDT | +0.0245% | 4h | 0.2453 | +0.209% | $12.2M | $43.2M | 10x | as long as short |
| MEXC SYN_USDT | +0.0252% | 4h | 0.2452 | +0.180% | $3.1M | $8.1M | 50x | as long as short |
| BingX SYN-USDT | +0.0262% | 4h | 0.2454 | +0.266% | — | $3.3M | — | as long as short |
| Aster SYNUSDT | +0.1201% | 4h | 0.2455 | +0.321% | $2.8M | $991K | 5x | as long as short |
Bitget SYNUSDT
Phemex SYNUSDT
Binance SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Aster SYNUSDT