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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1265%/8h= −138.5% APRnext payment $6.33 per $10,000 · paid last 24h −0.237%
Price spread now: Orderly against Aster−0.330%7-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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Orderly is 0.330% cheaper against Aster than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SYNUSDT0.25430.1365pay 0.0683% / 4h53m 44s$2.8M$813K5x
ShortOrderly PERP_SYN_USDC_mythos0.25350.0100get 0.0050% / 4h53m 44s$4K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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
−$265.7
Price spread: −0.330% → 0.000%
−$33.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$312.73
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 5 min ago; Orderly: no order-book sample. 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 Aster live order book, 5 min ago23.64 bp146.9 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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%4h0.2541−0.090%$1.5M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythosshort+0.0100%4h0.2535−0.330%$4K$42K10x
Phemex SYNUSDT+0.0100%4h0.2535−0.295%$1.6M$1.7M50xas long as short
MEXC SYN_USDT+0.0114%4h0.2541−0.079%$3.3M$7.0M50xas long as short
Binance SYNUSDT+0.0119%4h0.2541−0.096%$13.0M$39.8M10xas long as short
BingX SYN-USDT+0.0120%4h0.2542−0.031%$3.1Mas long as short
Kraken Futures PF_SYNUSD+0.0647%1h0.2537−0.231%$206K$508K10xas long as short
Aster SYNUSDTlong+0.1365%4h0.2543long leg$2.8M$813K5x