data as of
Settings8H · net · $10k
Funding arb /

SYN

all SYN markets
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Funding spread now, next payment 18:00 UTC−0.1341%/8h
paid, last 24h−0.238%paid, last 5 days+0.722%to open and close $10k−$231
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SYNUSD0.24810.1441pay 0.0180% / 1h12m 16s$210K$298K10x
ShortPhemex SYNUSDT0.24750.0100get 0.0050% / 4h2h 12m$1.6M$1.6M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$281.64
Slippage, 4 orders
−$208.55
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$512.2
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 53 min ago; Phemex: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.265%
Avg gap 7d
−0.071%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 53 min ago42.11 bp59.2 bp −$59409.1 bp −$4,091doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago15.02 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit

SYN on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance SYNUSDT+0.0100%4h$12.6M$27.4M10xas long as short
MEXC SYN_USDT+0.0100%4h$3.1M$4.3M50xas long as short
Bitget SYNUSDT+0.0100%4h$1.5M$2.5M10xas long as short
BingX SYN-USDT+0.0100%4h$2.5Mas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h$5K$35K10xas long as short
Phemex SYNUSDTshort+0.0100%4h$1.6M$1.6M50x
Kraken Futures PF_SYNUSDlong+0.1441%1h$210K$298K10x
Aster SYNUSDT+0.3083%4h$2.7M$673K5xas long as short