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 05:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.141%
Price spread now: Aster against Kraken Futures+0.161%54s7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2492.489% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+1.435%+$143 on $10k
Price spread, last 4 days (all we have)+0.275%+$27 · spread now +0.161%, 7d avg +0.151%
Together, before fees+1.710%+ Points / potential airdropAster: Stage 5 · farm board+$171 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.151%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SYNUSD0.24410.1581pay 0.0198% / 1h53m 27s$198K$725K10x
ShortAster SYNUSDT0.24450.1803get 0.0902% / 4h3h 53m$2.8M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$46.61
Price spread: +0.161% → +0.151%
$1.06
Slippage, 4 orders
−$230.94
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$201.27
Costs to cover
2.489%
Break-even
37.2 days
Slippage from Kraken Futures: live order book, 65 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 Kraken Futures live order book, 65 min ago35.01 bp44.5 bp −$45293.3 bp −$2,933doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago10.12 bp35.7 bp −$36225.5 bp −$2,255doesn'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%4h0.2444+0.138%$1.3M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2443+0.072%$4K$39K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2441−0.014%$1.6M$1.8M50xas long as short
Binance SYNUSDT+0.0116%4h0.2445+0.181%$12.2M$42.6M10xas long as short
MEXC SYN_USDT+0.0120%4h0.2445+0.166%$3.0M$7.7M50xas long as short
BingX SYN-USDT+0.0122%4h0.2443+0.080%$3.2Mas long as short
Kraken Futures PF_SYNUSDlong+0.1581%1h0.2441long leg$198K$725K10x
Aster SYNUSDTshort+0.1803%4h0.2445+0.161%$2.8M$1.0M5x