ArbiLayer

SYN arbitrage

live

Live Synapse price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%Binance → Bitget · Perp–Perp
Best perp–perp spread+0.08%Binance → Bitget
Markets tracked86 venues · 4 perp · 4 spot · 0 DEX
Price range0.26%$0.1974 – $0.198

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.1976Bitget logoBitget$0.1978 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Binance logoBinance$0.1976Aster logoAster$0.1977 +0.05%-0.11% +0.06%— +0.058%— LS Chart →
MEXC logoMEXC$0.1977Bitget logoBitget$0.1978 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.1977Aster logoAster$0.1977 0.00%-0.16% +0.01%— +0.058%— LS Chart →
Binance logoBinance$0.1976MEXC logoMEXC$0.1975 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.1977Binance logoBinance$0.1975 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Bitget logoBitget$0.1981Aster logoAster$0.1977 -0.18%-0.34% -0.17%— +0.058%— LS Chart →
Aster logoAster$0.1982Bitget logoBitget$0.1978 -0.22%-0.38% -0.23%— -0.058%— LS Chart →
Bitget logoBitget$0.1981Binance logoBinance$0.1975 -0.27%-0.43% -0.27%— 0.000%— LS Chart →
Bitget logoBitget$0.1981MEXC logoMEXC$0.1975 -0.28%-0.44% -0.28%— 0.000%— LS Chart →
Aster logoAster$0.1982Binance logoBinance$0.1975 -0.34%-0.50% -0.35%— -0.058%— LS Chart →
Aster logoAster$0.1982MEXC logoMEXC$0.1975 -0.35%-0.51% -0.36%— -0.058%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SYN price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · SYN_USDTPerpetual $0.1975$0.1977$0.19760.00% +0.030%$2.22M
Bitget logoBitgetPerpetual · SYNUSDTPerpetual $0.1978$0.1981$0.1979+0.16% +0.030%$1.85M
Gate logoGateSpot · SYN_USDTSpot $0.1972$0.1977$0.1974-0.08% —$804.1K
KuCoin logoKuCoinSpot · SYN-USDTSpot $0.1974$0.1978$0.19760.00% —$416.8K
Binance logoBinancePerpetual · SYNUSDTPerpetual $0.1975$0.1976$0.1976-0.02% +0.030%—
Aster logoAsterPerpetual · SYNUSDTPerpetual $0.1977$0.1982$0.198+0.18% +0.088%—
Binance logoBinanceSpot · SYNUSDTSpot $0.1975$0.1977$0.1976-0.00% ——
MEXC logoMEXCSpot · SYNUSDTSpot $0.1974$0.1979$0.1976+0.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SYN arbitrage explained

Right now Synapse (SYN) trades on 6 venues we scan: 4 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.1976 and the highest bid on Bitget perp at $0.1978.

The widest SYN perpetual spread is between Binance and Bitget: long SYN on Binance at $0.1976 and short on Bitget at $0.1978 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SYN route is to buy spot on Binance and short the perpetual on Bitget: +0.06% gross, -0.14% net, with +0.030% a day of funding on the short leg.

Spot–spot SYN arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows -0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SYN gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SYN funding rates · SYN spread charts · Synapse price · arbitrage scanner for all coins.

Is there a SYN arbitrage opportunity right now?

The best SYN route right now is to buy on Binance → sell on Bitget (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SYN?

Binance (perp) has the lowest SYN ask at $0.1976, and Bitget (perp) the highest bid at $0.1978. Prices update every 15 seconds on this page.

How many exchanges list SYN?

ArbiLayer tracks 8 SYN markets on 6 venues: 4 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage SYN without transferring coins?

Use two perpetual contracts: go long SYN on the cheaper exchange (Binance now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

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