Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Bitget+0.025%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.025%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2391 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $1.3M | $3.3M | 10x |
| Short | BingX SYN-USDT | 0.2391 | 0.0210 | get 0.0105% / 4h | 2h 29m | — | $3.2M | — |
Bitget SYNUSDT
BingX SYN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $23.1
- Price spread: +0.025% → +0.001%
- $2.41
- Slippage, 4 orders
- −$107.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.49
- Costs to cover
- 1.290%
- Break-even
- 38.4 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 1 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 Bitget live order book, 4 min ago | 9.18 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 7.10 bp | 33.0 bp −$33 | 127.0 bp −$1,270 | 828.0 bp −$82.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDTlong | +0.0100% | 4h | 0.2391 | long leg | $1.3M | $3.3M | 10x | |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2392 | +0.063% | $4K | $40K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2389 | −0.096% | $1.6M | $1.8M | 50x | as long as short |
| Binance SYNUSDT | +0.0204% | 4h | 0.2391 | +0.007% | $12.1M | $41.3M | 10x | as long as short |
| MEXC SYN_USDT | +0.0206% | 4h | 0.2390 | −0.033% | $2.8M | $7.6M | 50x | as long as short |
| BingX SYN-USDTshort | +0.0210% | 4h | 0.2391 | +0.025% | — | $3.2M | — | |
| Kraken Futures PF_SYNUSD | +0.0454% | 1h | 0.2390 | −0.054% | $197K | $567K | 10x | as long as short |
| Aster SYNUSDT | +0.1253% | 4h | 0.2393 | +0.092% | $2.7M | $813K | 5x | as long as short |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Binance SYNUSDT
MEXC SYN_USDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT