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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.133%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.133%, 7d avg +0.018%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.115% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYN_USDT0.26470.0100pay 0.0050% / 4h2h 58m$3.4M$6.7M50x
ShortBinance SYNUSDT0.26510.0100get 0.0050% / 4h2h 58m$13.6M$38.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0
Price spread: +0.133% → +0.018%
$11.45
Slippage, 4 orders
−$54.37
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$52.92
Costs to cover
0.644%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 14 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 MEXC live order book, 5 min ago5.68 bp7.1 bp −$738.8 bp −$388333.2 bp −$33.3K595.6 bp −$297.8K
Sell Binance live order book, 14 min ago1.92 bp22.2 bp −$22153.3 bp −$1,533doesn'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%1h0.2650+0.106%$218K$488K10xas long as short
Binance SYNUSDTshort+0.0100%4h0.2651+0.133%$13.6M$38.3M10x
MEXC SYN_USDTlong+0.0100%4h0.2647long leg$3.4M$6.7M50x
Bitget SYNUSDT+0.0100%4h0.26470.000%$1.6M$3.0M10xas long as short
BingX SYN-USDT+0.0100%4h0.2645−0.072%$3.0Mas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2639−0.317%$5K$36K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2647−0.015%$1.7M$1.7M50xas long as short
Aster SYNUSDT+0.1538%4h0.2647−0.015%$3.0M$794K5xas long as short