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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Orderly−0.011%53s7-day average · you buy dearer than you sell
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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SYN_USDC_mythos0.26390.0100pay 0.0050% / 4h2h 03m$4K$42K10x
ShortPhemex SYNUSDT0.26390.0100get 0.0050% / 4h2h 03m$1.7M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: −0.011% → 0.000%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$19.14
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 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 Phemex live order book, 5 min ago1.90 bp31.9 bp −$32doesn't fitdoesn'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
Kraken Futures PF_SYNUSD−0.0099%1h0.2636−0.105%$211K$483K10xas long as short
Bitget SYNUSDT+0.0100%4h0.2638−0.049%$1.5M$3.1M10xas long as short
Orderly PERP_SYN_USDC_mythoslong+0.0100%4h0.2639long leg$4K$42K10x
Phemex SYNUSDTshort+0.0100%4h0.2639−0.011%$1.7M$1.7M50x
Binance SYNUSDT+0.0135%4h0.2641+0.068%$13.6M$39.3M10xas long as short
MEXC SYN_USDT+0.0136%4h0.2640+0.042%$3.4M$7.1M50xas long as short
BingX SYN-USDT+0.0138%4h0.2639+0.004%$3.1Mas long as short
Aster SYNUSDT+0.1536%4h0.2645+0.231%$2.9M$815K5xas long as short