Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against BingX−0.038%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SYN-USDT | 0.2643 | 0.0146 | pay 0.0073% / 4h | 1h 33m | — | $3.1M | — |
| Short | Orderly PERP_SYN_USDC_mythos | 0.2642 | 0.0100 | get 0.0050% / 4h | 1h 33m | $4K | $42K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BingX. 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
- −$9.66
- Price spread: −0.038% → 0.000%
- −$3.78
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$29.44
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago | 6.24 bp | 28.4 bp −$28 | 106.0 bp −$1,060 | 630.9 bp −$63.1K | 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_SYNUSD | −0.0095% | 1h | 0.2645 | +0.054% | $211K | $489K | 10x | as long as short |
| Bitget SYNUSDT | +0.0100% | 4h | 0.2646 | +0.091% | $1.6M | $3.1M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythosshort | +0.0100% | 4h | 0.2642 | −0.038% | $4K | $42K | 10x | |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2639 | −0.151% | $1.7M | $1.7M | 50x | as long as short |
| BingX SYN-USDTlong | +0.0146% | 4h | 0.2643 | long leg | — | $3.1M | — | |
| MEXC SYN_USDT | +0.0148% | 4h | 0.2642 | −0.042% | $3.2M | $7.0M | 50x | as long as short |
| Binance SYNUSDT | +0.0148% | 4h | 0.2645 | +0.077% | $13.6M | $39.4M | 10x | as long as short |
| Aster SYNUSDT | +0.1503% | 4h | 0.2649 | +0.242% | $3.0M | $812K | 5x | as long as short |
BingX SYN-USDT
Kraken Futures PF_SYNUSD
Bitget SYNUSDT
Phemex SYNUSDT
MEXC SYN_USDT
Binance SYNUSDT
Aster SYNUSDT