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

SYN

all SYN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Orderly−0.017%49s7-day average · you buy dearer than you sell
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: +$5 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SYN_USDC_mythos0.24120.0100pay 0.0050% / 4h1h 08m$3K$35K10x
ShortBinance SYNUSDT0.24120.0252get 0.0126% / 4h1h 08m$12.0M$43.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$31.86
Price spread: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
$14.2
Costs to cover
0.160%
Break-even
3.9 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 min ago. 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 Orderly no order-book sample
Sell Binance live order book, 3 min ago0.41 bp26.7 bp −$27175.6 bp −$1,756doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYNUSDT+0.0100%4h0.2412+0.017%$1.3M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythoslong+0.0100%4h0.2412long leg$3K$35K10x
Phemex SYNUSDT+0.0100%4h0.2413+0.025%$1.6M$1.9M50xas long as short
BingX SYN-USDT+0.0238%4h0.2414+0.075%$3.2Mas long as short
MEXC SYN_USDT+0.0250%4h0.2414+0.083%$3.1M$8.1M50xas long as short
Binance SYNUSDTshort+0.0252%4h0.2412−0.017%$12.0M$43.1M10x
Aster SYNUSDT+0.1525%4h0.2416+0.185%$2.8M$992K5xas long as short
Kraken Futures PF_SYNUSD+0.2138%1h0.2410−0.088%$178K$753K10xas long as short