Settings8H · net · $10k
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Funding arb · Price arb / Crypto

SYN

All SYN markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AsterSYNUSDT
0.1454+0.0100pay 0.0050% / 4h2h 08m$2.4M$187K5xLong Aster≤10% back
SHORT
Kraken FuturesPF_SYNUSD
0.1455+0.0574get 0.0072% / 1h8m 54s$121K$74K20xShort Kraken Futures
Price gap+0.084%47s
Funding gap+0.0474% /8h

Both sides work: funding pays +$14 a day on $10k, and the gap is 0.325% above its 7d average: +$33 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$108+0.0474% /8h now · paid +1.085% over the last 7D
Price—spread +0.084%47s now · prices read too far apart to compare
Costs−$2262.256% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropAster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.084%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SYN on 8 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size92.5 / 58.1 bp
    At $10k entering Aster costs 92.5 bp, fee and slippage, 1.6× Kraken Futures’s.
  • Note: Margin at max leverage$2,000 + $500
    Aster 5x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$14.23Long Aster: 6 payments, −$3.00; short Kraken Futures: 24 payments, +$17.23.
  • Watch: Prices read 47 s apart+0.084% vs −0.241%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$121K vs $2.4M OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · Kraken Futures Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0517%/8h × 21 periods+$108.49
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$207.59
Fee Aster bp × 2 orders−$8.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$117.11
price spread not counted: prices read too far apart
Costs to cover2.256%Break-even14.6 days
Slippage: Aster: live order book, 2 min ago; Kraken Futures: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster10.3092.5 bp−$93doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures21.2458.1 bp−$58doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SYN news

posts that mention SYN, from every exchange
09-18 12:48PhemexListing$SYN @SynapseProtocol is now live on Phemex Futures 🔹 Max Leverage: Up to 20x Trade: @Phemex_official on X ↗