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−0.0046%/8h= −5.0% APRnext payment $0.23 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against BingX−0.038%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 feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SYN-USDT0.26430.0146pay 0.0073% / 4h1h 33m$3.1M
ShortOrderly PERP_SYN_USDC_mythos0.26420.0100get 0.0050% / 4h1h 33m$4K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$9.66
Price spread: −0.038% → 0.000%
−$3.78
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$29.44
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago6.24 bp28.4 bp −$28106.0 bp −$1,060630.9 bp −$63.1Kdoesn'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
Kraken Futures PF_SYNUSD−0.0095%1h0.2645+0.054%$211K$489K10xas long as short
Bitget SYNUSDT+0.0100%4h0.2646+0.091%$1.6M$3.1M10xas long as short
Orderly PERP_SYN_USDC_mythosshort+0.0100%4h0.2642−0.038%$4K$42K10x
Phemex SYNUSDT+0.0100%4h0.2639−0.151%$1.7M$1.7M50xas long as short
BingX SYN-USDTlong+0.0146%4h0.2643long leg$3.1M
MEXC SYN_USDT+0.0148%4h0.2642−0.042%$3.2M$7.0M50xas long as short
Binance SYNUSDT+0.0148%4h0.2645+0.077%$13.6M$39.4M10xas long as short
Aster SYNUSDT+0.1503%4h0.2649+0.242%$3.0M$812K5xas long as short