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+0.1869%/8h= +204.7% APRnext payment +$9.35 per $10,000 · paid last 24h +0.380%
Price spread now: Aster against Orderly+0.154%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Aster is 0.154% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SYN_USDC_mythos0.24440.0100pay 0.0050% / 4h2h 56m$4K$37K10x
ShortAster SYNUSDT0.24480.1969get 0.0985% / 4h2h 56m$2.8M$995K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
$392.56
Price spread: +0.154% → 0.000%
$15.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
$393.96
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 2 min ago. 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 Orderly no order-book sample
Sell Aster live order book, 2 min ago12.22 bp30.9 bp −$31224.2 bp −$2,242doesn't fitdoesn't fit
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%4h0.2442−0.074%$1.4M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythoslong+0.0100%4h0.2444long leg$4K$37K10x
Phemex SYNUSDT+0.0100%4h0.2449+0.192%$1.6M$1.8M50xas long as short
MEXC SYN_USDT+0.0262%4h0.2440−0.168%$3.2M$7.7M50xas long as short
BingX SYN-USDT+0.0264%4h0.2440−0.155%$3.2Mas long as short
Binance SYNUSDT+0.0265%4h0.2442−0.095%$12.2M$42.3M10xas long as short
Aster SYNUSDTshort+0.1969%4h0.2448+0.154%$2.8M$995K5x
Kraken Futures PF_SYNUSD+0.2020%1h0.2446+0.079%$194K$713K10xas long as short