Funding you earn now, next payment 02:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h −0.279%
Price spread now: Orderly against Kraken Futures+0.182%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Orderly is 0.182% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.182% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SYNUSD | 0.2396 | 0.0453 | pay 0.0057% / 1h | 44m 33s | $194K | $558K | 10x |
| Short | Orderly PERP_SYN_USDC_mythos | 0.2401 | 0.0100 | get 0.0050% / 4h | 2h 44m | $4K | $40K | 10x |
Kraken Futures PF_SYNUSD
Orderly PERP_SYN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- −$74.06
- Price spread: +0.182% → 0.000%
- $18.24
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$71.82
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 23 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 Kraken Futures live order book, 23 min ago | 24.78 bp | 38.2 bp −$38 | 206.5 bp −$2,065 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDT | +0.0100% | 4h | 0.2394 | −0.089% | $1.3M | $3.3M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythosshort | +0.0100% | 4h | 0.2401 | +0.182% | $4K | $40K | 10x | |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2400 | +0.145% | $1.6M | $1.8M | 50x | as long as short |
| BingX SYN-USDT | +0.0206% | 4h | 0.2396 | −0.005% | — | $3.2M | — | as long as short |
| Binance SYNUSDT | +0.0208% | 4h | 0.2394 | −0.083% | $12.1M | $41.3M | 10x | as long as short |
| MEXC SYN_USDT | +0.0212% | 4h | 0.2396 | −0.005% | $2.8M | $7.6M | 50x | as long as short |
| Kraken Futures PF_SYNUSDlong | +0.0453% | 1h | 0.2396 | long leg | $194K | $558K | 10x | |
| Aster SYNUSDT | +0.1268% | 4h | 0.2407 | +0.450% | $2.7M | $812K | 5x | as long as short |
Bitget SYNUSDT
Phemex SYNUSDT
BingX SYN-USDT
Binance SYNUSDT
MEXC SYN_USDT
Aster SYNUSDT