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+0.1002%/8h= +109.7% APRnext payment +$5.01 per $10,000 · paid last 24h +0.294%
Price spread now: Aster against Bitget+0.038%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1511.515% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.173%+$117 on $10k
Price spread, last 7 days+0.260%+$26 · spread now +0.038%, 7d avg +0.149%
Together, before fees+1.433%+ Points / potential airdropAster: Stage 5 · farm board+$143 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.110% cheaper against Bitget than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.149%). If the spread goes back, that is −$11 on $10k: about 9 hours of funding at the current rate (+$30 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SYNUSDT0.23500.0100pay 0.0050% / 4h1h 42m$1.3M$3.1M10x
ShortAster SYNUSDT0.23510.1102get 0.0551% / 4h1h 42m$2.6M$818K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$210.43
Price spread: +0.038% → +0.149%
−$11.04
Slippage, 4 orders
−$131.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$47.89
Costs to cover
1.515%
Break-even
5.4 days
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 6 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 Bitget live order book, 5 min ago8.53 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 6 min ago6.38 bp26.6 bp −$27doesn't fitdoesn'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−0.0146%1h0.2347−0.142%$195K$576K10xas long as short
Bitget SYNUSDTlong+0.0100%4h0.2350long leg$1.3M$3.1M10x
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2346−0.166%$4K$38K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2349−0.068%$1.5M$1.8M50xas long as short
Binance SYNUSDT+0.0123%4h0.2349−0.035%$11.8M$40.7M10xas long as short
MEXC SYN_USDT+0.0126%4h0.2350−0.004%$2.6M$7.6M50xas long as short
BingX SYN-USDT+0.0142%4h0.2350−0.013%$3.2Mas long as short
Aster SYNUSDTshort+0.1102%4h0.2351+0.038%$2.6M$818K5x