Funding you earn now, next payment 04:00 UTC−0.1256%/8h= −137.6% APRnext payment −$6.28 per $10,000 · paid last 24h −0.291%
Price spread now: MEXC against Aster+0.200%7-day average −0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
Funding, last 5 days (all we have)−1.007%−$101 on $10k
+Price spread, last 7 days−0.384%−$38 · spread now +0.200%, 7d avg −0.146%
=Together, before fees−1.391%+ Points / potential airdropAster: Stage 5 · farm board−$139 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.345% dearer against Aster than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.146%): +$35 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 5 days (−1.007% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2405 | 0.1356 | pay 0.0678% / 4h | 45m 35s | $2.8M | $961K | 5x |
| Short | MEXC SYN_USDT | 0.2410 | 0.0100 | get 0.0050% / 4h | 45m 35s | $2.9M | $7.6M | 50x |
Aster SYNUSDT
MEXC SYN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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
- −$263.84
- Price spread: +0.200% → −0.146%
- $34.54
- Slippage, 4 orders
- −$131.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$368.86
- Costs to cover
- 1.396%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 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 Aster live order book, 3 min ago | 4.15 bp | 99.0 bp −$99 | 490.1 bp −$4,901 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.17 bp | 6.5 bp −$7 | 35.4 bp −$354 | 394.9 bp −$39.5K | 682.7 bp −$341.3K |
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 | −0.0104% | 1h | 0.2396 | −0.385% | $196K | $717K | 10x | as long as short |
| Binance SYNUSDT | +0.0100% | 4h | 0.2414 | +0.377% | $12.0M | $41.6M | 10x | as long as short |
| MEXC SYN_USDTshort | +0.0100% | 4h | 0.2410 | +0.200% | $2.9M | $7.6M | 50x | |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2414 | +0.362% | $1.3M | $3.2M | 10x | as long as short |
| BingX SYN-USDT | +0.0100% | 4h | 0.2416 | +0.432% | — | $3.2M | — | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2390 | −0.624% | $3K | $39K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2394 | −0.482% | $1.6M | $1.8M | 50x | as long as short |
| Aster SYNUSDTlong | +0.1356% | 4h | 0.2405 | long leg | $2.8M | $961K | 5x |
Kraken Futures PF_SYNUSD
Binance SYNUSDT
Bitget SYNUSDT
BingX SYN-USDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT