SYN funding rates and arbitrage
Updated 2026-11-11 23:32 UTC
Best SYN arbitrage after every cost
No SYN pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SYN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_SYNUSD | 0.0214% | 1 h | +187.2% | +58.0% | $103.6K | 2026-11-12 00:00 |
| Aster | SYNUSDT | 0.0123% | 4 h | +26.9% | +40.9% | $2.1M | 2026-11-12 00:00 |
| Phemex | SYNUSDT | 0.0050% | 4 h | +10.9% | — | $1.1M | 2026-11-12 00:00 |
| MEXC | SYN_USDT | 0.0050% | 4 h | +10.9% | +10.9% | $496.9K | 2026-11-12 00:00 |
| Bitget | SYNUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $649.5K | 2026-11-12 00:00 |
| LBank | SYNUSDT | 0.0050% | 4 h | +10.9% | +11.4% | — | 2026-11-12 00:00 |
| Bitunix | SYNUSDT | 0.0050% | 4 h | +10.9% | +10.9% | — | 2026-11-12 00:00 |
| BingX | SYN-USDT | 0.0050% | 4 h | +10.9% | +8.2% | $587.6K | 2026-11-12 00:00 |
| Binance | SYNUSDT | 0.0050% | 4 h | +10.9% | +10.9% | $5.6M | 2026-11-12 00:00 |
Borrow SYN to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 11.02% | $30K |
| Binance | 87.54% | — |
Cost to enter $10,000 of SYN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SYN_USDT | 3.9 bp | top of book only |
| Binance | SYNUSDT | 5.4 bp | top of book only |
| BingX | SYN-USDT | 7.4 bp | top of book only |
| Aster | SYNUSDT | 11.9 bp | top of book only |
| Bitget | SYNUSDT | 12.3 bp | top of book only |
| Binance | SYNUSDT (spot) | 16.7 bp | top of book only |
| Gate | SYN_USDT (spot) | 27.5 bp | top of book only |
| Kraken | PF_SYNUSD | 30.7 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on SYN
Questions
Is SYN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SYN pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SYN funding rate?
Kraken at +187.2% a year (0.0214% every 1 h); the lowest is Binance at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.