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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0953%/8h= +104.4% APRnext payment +$4.77 per $10,000 · paid last 24h +0.290%
Price spread now: Aster against BingX+0.252%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.112%+$111 on $10k
Price spread, last 7 days+0.057%+$6 · spread now +0.252%, 7d avg +0.146%
Together, before fees+1.168%+ Points / potential airdropAster: Stage 5 · farm board+$117 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Aster is 0.106% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SYN-USDT0.23450.0142pay 0.0071% / 4h1h 42m$3.2M
ShortAster SYNUSDT0.23510.1095get 0.0548% / 4h1h 42m$2.6M$818K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$200.22
Price spread: +0.252% → +0.146%
$10.59
Slippage, 4 orders
−$137.87
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$54.94
Costs to cover
1.559%
Break-even
5.1 days
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 1 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 BingX live order book, 7 min ago0.64 bp26.3 bp −$26107.3 bp −$1,073899.3 bp −$89.9Kdoesn't fit
Sell Aster live order book, 1 min ago6.38 bp24.5 bp −$25doesn'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
Kraken Futures PF_SYNUSD−0.0146%1h0.2347+0.071%$195K$576K10xas long as short
Bitget SYNUSDT+0.0100%4h0.2346+0.030%$1.3M$3.1M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2346+0.047%$4K$38K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2349+0.145%$1.5M$1.8M50xas long as short
Binance SYNUSDT+0.0118%4h0.2350+0.201%$11.8M$40.7M10xas long as short
MEXC SYN_USDT+0.0122%4h0.2351+0.252%$2.6M$7.6M50xas long as short
BingX SYN-USDTlong+0.0142%4h0.2345long leg$3.2M
Aster SYNUSDTshort+0.1095%4h0.2351+0.252%$2.6M$818K5x