Funding you earn now, next payment 00:00 UTC−0.1403%/8h= −153.6% APRnext payment −$7.02 per $10,000 · paid last 24h −0.237%
Price spread now: Phemex against Aster−0.388%7-day average −0.205% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.905%−$90 on $10k
+Price spread, last 3 days (all we have)+0.764%+$76 · spread now −0.388%, 7d avg −0.205%
=Together, before fees−0.140%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Phemex is 0.183% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.205%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2649 | 0.1503 | pay 0.0752% / 4h | 1h 33m | $3.0M | $812K | 5x |
| Short | Phemex SYNUSDT | 0.2639 | 0.0100 | get 0.0050% / 4h | 1h 33m | $1.7M | $1.7M | 50x |
Aster SYNUSDT
Phemex SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$294.65
- Price spread: −0.388% → −0.205%
- −$18.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$332.99
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 5 min ago; Phemex: live order book, 4 min ago. 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 Aster live order book, 5 min ago | 11.51 bp | 106.8 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.07 bp | doesn't fit | 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_SYNUSD | −0.0095% | 1h | 0.2645 | −0.183% | $211K | $489K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2646 | −0.135% | $1.6M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2642 | −0.275% | $4K | $42K | 10x | as long as short |
| Phemex SYNUSDTshort | +0.0100% | 4h | 0.2639 | −0.388% | $1.7M | $1.7M | 50x | |
| MEXC SYN_USDT | +0.0144% | 4h | 0.2642 | −0.279% | $3.2M | $7.0M | 50x | as long as short |
| BingX SYN-USDT | +0.0146% | 4h | 0.2643 | −0.245% | — | $3.1M | — | as long as short |
| Binance SYNUSDT | +0.0148% | 4h | 0.2644 | −0.203% | $13.6M | $39.4M | 10x | as long as short |
| Aster SYNUSDTlong | +0.1503% | 4h | 0.2649 | long leg | $3.0M | $812K | 5x |
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
MEXC SYN_USDT
BingX SYN-USDT
Binance SYNUSDT