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−0.1300%/8h= −142.4% APRnext payment $6.50 per $10,000 · paid last 24h −0.237%
Price spread now: Bitget against Aster+0.292%7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1751.745% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−1.114%−$111 on $10k
Price spread, last 4 days (all we have)−0.476%−$48 · spread now +0.292%, 7d avg −0.126%
Together, before fees−1.591%+ Points / potential airdropAster: Stage 5 · farm board−$159 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.417% dearer against Aster than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.126%): +$42 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SYNUSDT0.25720.1401pay 0.0700% / 4h2h 36m$2.9M$800K5x
ShortBitget SYNUSDT0.25800.0100get 0.0050% / 4h2h 36m$1.5M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$273.11
Price spread: +0.292% → −0.126%
$41.71
Slippage, 4 orders
−$154.53
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$405.92
Costs to cover
1.745%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago15.59 bp65.3 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago7.00 bp43.9 bp −$44179.0 bp −$1,790doesn'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−0.0102%1h0.2565−0.261%$204K$494K10xas long as short
Binance SYNUSDT+0.0100%4h0.2579+0.257%$13.2M$38.8M10xas long as short
MEXC SYN_USDT+0.0100%4h0.2576+0.156%$3.1M$6.9M50xas long as short
Bitget SYNUSDTshort+0.0100%4h0.2580+0.292%$1.5M$3.1M10x
BingX SYN-USDT+0.0100%4h0.2574+0.086%$3.1Mas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2566−0.233%$5K$36K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2571−0.047%$1.7M$1.7M50xas long as short
Aster SYNUSDTlong+0.1401%4h0.2572long leg$2.9M$800K5x