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 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Orderly−0.201%7-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
Funding pays, the price is against you. BingX is 0.201% cheaper against Orderly than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 9.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SYN_USDC_mythos0.24340.0100pay 0.0050% / 4h3h 46m$4K$41K10x
ShortBingX SYN-USDT0.24290.0168get 0.0084% / 4h3h 46m$3.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$14.28
Price spread: −0.201% → 0.000%
−$20.14
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$21.86
Costs to cover
0.160%
Break-even
17.7 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago7.09 bp35.3 bp −$35163.5 bp −$1,635843.9 bp −$84.4Kdoesn'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%4h0.2430−0.131%$1.4M$3.3M10xas long as short
Orderly PERP_SYN_USDC_mythoslong+0.0100%4h0.2434long leg$4K$41K10x
Phemex SYNUSDT+0.0100%4h0.2432−0.070%$1.6M$1.7M50xas long as short
MEXC SYN_USDT+0.0164%4h0.2429−0.185%$2.8M$7.3M50xas long as short
Binance SYNUSDT+0.0166%4h0.2430−0.160%$12.4M$40.5M10xas long as short
BingX SYN-USDTshort+0.0168%4h0.2429−0.201%$3.2M
Kraken Futures PF_SYNUSD+0.0904%1h0.2428−0.211%$192K$529K10xas long as short
Aster SYNUSDT+0.1291%4h0.2440+0.264%$2.7M$813K5xas long as short