Funding you earn now, next payment 12:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Binance+0.089%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now +0.089%, 7d avg −0.016%
=The price spread pays, funding is against you. Bitget is 0.105% dearer against Binance than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.016%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYNUSDT | 0.2483 | 0.0174 | pay 0.0087% / 4h | 1h 58m | $12.5M | $42.9M | 10x |
| Short | Bitget SYNUSDT | 0.2485 | 0.0100 | get 0.0050% / 4h | 1h 58m | $1.4M | $3.1M | 10x |
Binance SYNUSDT
Bitget SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$15.58
- Price spread: +0.089% → −0.016%
- $10.49
- Slippage, 4 orders
- −$86.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.8
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: 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 Binance live order book, 6 min ago | 1.21 bp | 28.5 bp −$28 | 223.6 bp −$2,236 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 8.23 bp | 27.5 bp −$27 | 162.3 bp −$1,623 | doesn't fit | doesn't fit |
SYN on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDTshort | +0.0100% | 4h | 0.2485 | +0.089% | $1.4M | $3.1M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2484 | +0.060% | $2K | $35K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2486 | +0.129% | $1.6M | $1.9M | 50x | as long as short |
| MEXC SYN_USDT | +0.0174% | 4h | 0.2486 | +0.133% | $3.1M | $8.0M | 50x | as long as short |
| Binance SYNUSDTlong | +0.0174% | 4h | 0.2483 | long leg | $12.5M | $42.9M | 10x | |
| BingX SYN-USDT | +0.0186% | 4h | 0.2483 | +0.024% | — | $3.2M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0638% | 1h | 0.2486 | +0.131% | $161K | $864K | 10x | as long as short |
| Aster SYNUSDT | +0.0923% | 4h | 0.2490 | +0.285% | $2.9M | $1.0M | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT