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 04:00 UTC+0.1049%/8h= +114.9% APRnext payment +$5.25 per $10,000 · paid last 24h +0.292%
Price spread now: Aster against Binance+0.064%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.008%+$101 on $10k
Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.064%, 7d avg +0.154%
Together, before fees+1.151%+ Points / potential airdropAster: Stage 5 · farm board+$115 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.090% cheaper against Binance than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.154%). If the spread goes back, that is −$9 on $10k: about 7 hours of funding at the current rate (+$31 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SYNUSDT0.23910.0204pay 0.0102% / 4h2h 28m$12.1M$41.3M10x
ShortAster SYNUSDT0.23930.1253get 0.0627% / 4h2h 28m$2.7M$813K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$220.38
Price spread: +0.064% → +0.154%
−$8.97
Slippage, 4 orders
−$130.85
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$62.57
Costs to cover
1.488%
Break-even
5.0 days
Slippage from Binance: live order book, 13 min ago; Aster: live order book, 5 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 Binance live order book, 13 min ago0.84 bp28.7 bp −$29207.9 bp −$2,079doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago8.34 bp33.8 bp −$34doesn't fitdoesn't fitdoesn'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%4h0.2391−0.032%$1.3M$3.3M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2392+0.035%$4K$40K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2389−0.124%$1.6M$1.8M50xas long as short
Binance SYNUSDTlong+0.0204%4h0.2391long leg$12.1M$41.3M10x
MEXC SYN_USDT+0.0206%4h0.2390−0.061%$2.8M$7.6M50xas long as short
BingX SYN-USDT+0.0210%4h0.2391−0.011%$3.2Mas long as short
Kraken Futures PF_SYNUSD+0.0454%1h0.2390−0.082%$197K$567K10xas long as short
Aster SYNUSDTshort+0.1253%4h0.2393+0.064%$2.7M$813K5x