Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Orderly+0.051%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.051% dearer against Orderly than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SYN_USDC_mythos | 0.2366 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $4K | $38K | 10x |
| Short | Phemex SYNUSDT | 0.2367 | 0.0100 | get 0.0050% / 4h | 2h 03m | $1.5M | $1.8M | 50x |
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- $0
- Price spread: +0.051% → 0.000%
- $5.07
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$12.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 3.16 bp | 37.5 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2365 | −0.046% | $1.3M | $3.2M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythoslong | +0.0100% | 4h | 0.2366 | long leg | $4K | $38K | 10x | |
| Phemex SYNUSDTshort | +0.0100% | 4h | 0.2367 | +0.051% | $1.5M | $1.8M | 50x | |
| MEXC SYN_USDT | +0.0148% | 4h | 0.2364 | −0.085% | $2.7M | $7.6M | 50x | as long as short |
| Binance SYNUSDT | +0.0150% | 4h | 0.2364 | −0.080% | $11.9M | $40.8M | 10x | as long as short |
| BingX SYN-USDT | +0.0166% | 4h | 0.2363 | −0.135% | — | $3.2M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0459% | 1h | 0.2362 | −0.159% | $191K | $576K | 10x | as long as short |
| Aster SYNUSDT | +0.1161% | 4h | 0.2368 | +0.064% | $2.6M | $809K | 5x | as long as short |
Bitget SYNUSDT
MEXC SYN_USDT
Binance SYNUSDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD
Aster SYNUSDT