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−0.0562%/8h= −61.6% APRpaid last 24h −0.273%
Price spread now: Orderly against Kraken Futures+0.013%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SYNUSD0.24780.0662pay 0.0083% / 1h4m 00s$202K$505K10x
ShortOrderly PERP_SYN_USDC_mythos0.24780.0100get 0.0050% / 4h4m 00s$4K$41K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$118.12
Price spread: +0.013% → 0.000%
$1.31
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$132.81
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 9 min ago32.14 bp41.8 bp −$42281.1 bp −$2,811doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYNUSDT+0.0100%4h0.2480+0.070%$1.4M$3.3M10xas long as short
Orderly PERP_SYN_USDC_mythosshort+0.0100%4h0.2478+0.013%$4K$41K10x
Phemex SYNUSDT+0.0100%4h0.2481+0.138%$1.6M$1.7M50xas long as short
Binance SYNUSDT+0.0159%4h0.2483+0.207%$12.7M$40.2M10xas long as short
MEXC SYN_USDT+0.0162%4h0.2481+0.130%$3.0M$7.3M50xas long as short
BingX SYN-USDT+0.0164%4h0.2483+0.231%$3.2Mas long as short
Kraken Futures PF_SYNUSDlong+0.0662%1h0.2478long leg$202K$505K10x
Aster SYNUSDT+0.1309%4h0.2487+0.362%$2.8M$816K5xas long as short