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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1283%/8h= +140.4% APRnext payment +$6.41 per $10,000 · paid last 24h +0.236%
Price spread now: Aster against BingX+0.240%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.056%+$106 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.240%, 7d avg +0.149%
Together, before fees+1.167%+ Points / potential airdropAster: Stage 5 · farm board+$117 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Aster is 0.091% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SYN-USDT0.25630.0120pay 0.0060% / 4h1h 03m$3.1M
ShortAster SYNUSDT0.25690.1403get 0.0701% / 4h1h 03m$2.9M$812K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$269.34
Price spread: +0.240% → +0.149%
$9.09
Slippage, 4 orders
−$170.09
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$90.33
Costs to cover
1.881%
Break-even
4.7 days
Slippage from BingX: live order book, 11 min ago; Aster: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago6.41 bp28.8 bp −$29138.9 bp −$1,389787.4 bp −$78.7Kdoesn't fit
Sell Aster live order book, 5 min ago11.68 bp35.4 bp −$35doesn't fitdoesn't fitdoesn't fit

SYN on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SYNUSD−0.0098%1h0.2564+0.043%$208K$503K10xas long as short
Bitget SYNUSDT+0.0100%4h0.2565+0.062%$1.5M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2562−0.051%$4K$42K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2564+0.047%$1.7M$1.7M50xas long as short
MEXC SYN_USDT+0.0120%4h0.25630.000%$3.3M$7.2M50xas long as short
BingX SYN-USDTlong+0.0120%4h0.2563long leg$3.1M
Binance SYNUSDT+0.0122%4h0.2563+0.016%$13.1M$39.6M10xas long as short
Aster SYNUSDTshort+0.1403%4h0.2569+0.240%$2.9M$812K5x