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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.82 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against BingX−0.045%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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Orderly is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SYN-USDT0.24400.0264pay 0.0132% / 4h2h 59m$3.2M
ShortOrderly PERP_SYN_USDC_mythos0.24390.0100get 0.0050% / 4h2h 59m$4K$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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
−$34.44
Price spread: −0.045% → 0.000%
−$4.51
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$54.95
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Orderly: no order-book sample. 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 BingX live order book, 5 min ago0.21 bp31.7 bp −$32103.7 bp −$1,037876.6 bp −$87.7Kdoesn't fit
Sell Orderly no order-book sample
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%4h0.24400.000%$1.4M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythosshort+0.0100%4h0.2439−0.045%$4K$37K10x
Phemex SYNUSDT+0.0100%4h0.2438−0.086%$1.6M$1.8M50xas long as short
Binance SYNUSDT+0.0262%4h0.2442+0.066%$12.2M$42.2M10xas long as short
MEXC SYN_USDT+0.0264%4h0.2441+0.037%$3.2M$7.8M50xas long as short
BingX SYN-USDTlong+0.0264%4h0.2440long leg$3.2M
Kraken Futures PF_SYNUSD+0.1581%1h0.2442+0.087%$193K$713K10xas long as short
Aster SYNUSDT+0.1972%4h0.2441+0.037%$2.8M$994K5xas long as short