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

SYN

all SYN markets
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Funding spread now, next payment 19:00 UTC+0.1870%/8h
paid, last 24h+0.251%paid, last 7 days−0.687%to open and close $10k−$148
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.687% in total (about -35.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYN_USDT0.25370.0100pay 0.0050% / 4h1h 08m$3.6M$4.6M50x
ShortKraken Futures PF_SYNUSD0.25400.1970get 0.0246% / 1h8m 59s$217K$314K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$392.62
Slippage, 4 orders
−$138.32
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$244.3
Break-even
2.6 days
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 51 min ago.

Price risk

price view
Price gap now
+0.125%
Avg gap 7d
+0.040%
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 MEXC live order book, 5 min ago5.90 bp9.0 bp −$943.6 bp −$436357.1 bp −$35.7K612.5 bp −$306.2K
Sell Kraken Futures live order book, 51 min ago58.29 bp66.5 bp −$66doesn'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$12.9M$31.0M10xas long as short
MEXC SYN_USDTlong+0.0100%4h$3.6M$4.6M50x
Bitget SYNUSDT+0.0100%4h$1.5M$2.7M10xas long as short
BingX SYN-USDT+0.0100%4h$2.7Mas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h$4K$35K10xas long as short
Phemex SYNUSDT+0.0100%4h$1.7M$1.6M50xas long as short
Kraken Futures PF_SYNUSDshort+0.1970%1h$217K$314K10x
Aster SYNUSDT+0.2762%4h$2.8M$696K5xas long as short