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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.037%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$600.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 7 days−0.046%−$5 · spread now −0.037%, 7d avg +0.003%
Together, before fees−0.141%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.040% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYN_USDT0.24120.0254pay 0.0127% / 4h1h 04m$3.1M$8.1M50x
ShortBingX SYN-USDT0.24110.0254get 0.0127% / 4h1h 04m$3.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$0
Price spread: −0.037% → +0.003%
−$4.04
Slippage, 4 orders
−$49.92
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.96
Costs to cover
0.599%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 15 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 MEXC live order book, 3 min ago2.07 bp4.2 bp −$442.2 bp −$422361.1 bp −$36.1K625.9 bp −$313.0K
Sell BingX live order book, 15 min ago4.10 bp26.1 bp −$26120.7 bp −$1,207816.3 bp −$81.6Kdoesn'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
Bitget SYNUSDT+0.0100%4h0.2411−0.037%$1.3M$3.1M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2412+0.004%$3K$35K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2413+0.029%$1.6M$1.9M50xas long as short
MEXC SYN_USDTlong+0.0254%4h0.2412long leg$3.1M$8.1M50x
BingX SYN-USDTshort+0.0254%4h0.2411−0.037%$3.2M
Binance SYNUSDT+0.0255%4h0.2413+0.046%$12.0M$43.1M10xas long as short
Aster SYNUSDT+0.1503%4h0.2417+0.207%$2.8M$992K5xas long as short
Kraken Futures PF_SYNUSD+0.2135%1h0.2412+0.017%$178K$752K10xas long as short