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

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.021%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.021%, 7d avg +0.016%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYN_USDT0.24180.0110pay 0.0055% / 4h3h 49m$3.0M$7.7M50x
ShortBinance SYNUSDT0.24190.0113get 0.0057% / 4h3h 49m$12.1M$42.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.73
Price spread: +0.021% → +0.016%
$0.47
Slippage, 4 orders
−$47.47
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.27
Costs to cover
0.575%
Break-even
546.0 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 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 MEXC live order book, 3 min ago6.16 bp6.5 bp −$640.3 bp −$403414.2 bp −$41.4K700.1 bp −$350.0K
Sell Binance live order book, 8 min ago2.03 bp25.4 bp −$25232.1 bp −$2,321doesn'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%4h0.2417−0.050%$1.3M$3.2M10xas long as short
Orderly PERP_SYN_USDC_mythos+0.0100%4h0.2418−0.004%$4K$39K10xas long as short
Phemex SYNUSDT+0.0100%4h0.2422+0.165%$1.6M$1.8M50xas long as short
MEXC SYN_USDTlong+0.0110%4h0.2418long leg$3.0M$7.7M50x
Binance SYNUSDTshort+0.0113%4h0.2419+0.021%$12.1M$42.6M10x
BingX SYN-USDT+0.0120%4h0.2421+0.141%$3.2Mas long as short
Kraken Futures PF_SYNUSD+0.1593%1h0.2423+0.192%$196K$723K10xas long as short
Aster SYNUSDT+0.1789%4h0.2423+0.207%$2.8M$989K5xas long as short