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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.139%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$630.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days−0.293%−$29 · spread now +0.139%, 7d avg −0.020%
Together, before fees−0.295%−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.159% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SYNUSDT0.26380.0130pay 0.0065% / 4h6m 33s$13.6M$35.4M10x
ShortMEXC SYN_USDT0.26420.0126get 0.0063% / 4h6m 33s$3.9M$5.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.84
Price spread: +0.139% → −0.020%
$15.95
Slippage, 4 orders
−$52.74
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$47.64
Costs to cover
0.627%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: 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, 9 min ago1.86 bp24.9 bp −$25174.3 bp −$1,743doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago3.79 bp5.6 bp −$635.3 bp −$353381.8 bp −$38.2K681.3 bp −$340.6K

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%4h0.2644+0.230%$1.6M$2.9M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2660+0.802%$5K$35K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2662+0.886%$1.7M$1.7M50xas long as short
BingX SYN-USDT+0.0124%4h0.2636−0.081%$2.9Mas long as short
MEXC SYN_USDTshort+0.0126%4h0.2642+0.139%$3.9M$5.7M50x
Binance SYNUSDTlong+0.0130%4h0.2638long leg$13.6M$35.4M10x
Kraken Futures PF_SYNUSD+0.1762%1h0.2659+0.802%$223K$412K10xas long as short
Aster SYNUSDT+0.2149%4h0.2667+1.087%$3.0M$738K5xas long as short