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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0956%/8h= −104.7% APRnext payment $4.78 per $10,000 · paid last 24h −0.290%
Price spread now: BingX against Aster−0.067%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−1.112%−$111 on $10k
Price spread, last 7 days−0.242%−$24 · spread now −0.067%, 7d avg −0.146%
Together, before fees−1.353%+ Points / potential airdropAster: Stage 5 · farm board−$135 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.079% dearer against Aster than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.146%): +$8 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SYNUSDT0.23420.1090pay 0.0545% / 4h1h 41m$2.6M$818K5x
ShortBingX SYN-USDT0.23410.0134get 0.0067% / 4h1h 41m$3.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$200.85
Price spread: −0.067% → −0.146%
$7.91
Slippage, 4 orders
−$137.87
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$348.81
Costs to cover
1.559%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; BingX: live order book, 8 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 Aster live order book, 3 min ago6.38 bp75.2 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago0.64 bp29.8 bp −$3070.2 bp −$702743.5 bp −$74.4Kdoesn'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−0.0146%1h0.2339−0.118%$194K$576K10xas long as short
Bitget SYNUSDT+0.0100%4h0.2342−0.003%$1.3M$3.1M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2339−0.122%$4K$38K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2341−0.054%$1.5M$1.8M50xas long as short
Binance SYNUSDT+0.0115%4h0.2343+0.033%$11.8M$40.8M10xas long as short
MEXC SYN_USDT+0.0118%4h0.2339−0.135%$2.6M$7.6M50xas long as short
BingX SYN-USDTshort+0.0134%4h0.2341−0.067%$3.2M
Aster SYNUSDTlong+0.1090%4h0.2342long leg$2.6M$818K5x