Get Market Prices

Retrieve current market prices and 24-hour statistics for all trading pairs.

Endpoint

POST https://papi.synthetix.io/v1/info

Request

Request Format

{
  "params": {
    "action": "getMarketPrices"
  }
}

Request Parameters

Parameter	Type	Required	Description
`params.action`	string	Yes	Must be `"getMarketPrices"`

Response

Success Response

{
  "status": "ok",
  "response": {
    "BTC-USDT": {
      "symbol": "BTC-USDT",
      "markPrice": "45025.37500000",
      "indexPrice": "45025.50000000",
      "lastPrice": "45025.00000000",
      "bestBid": "45020.00000000",
      "bestAsk": "45030.00000000",
      "volume24h": "1250.50",
      "quoteVolume24h": "56282500.00",
      "fundingRate": "0.00001250",
      "openInterest": "12500.75",
      "prevDayPrice": "44952.00000000",
      "timestamp": 1704067200000
    },
    "ETH-USDT": {
      "symbol": "ETH-USDT",
      "markPrice": "2998.75000000",
      "indexPrice": "2998.80000000",
      "lastPrice": "2998.75000000",
      "bestBid": "2996.00000000",
      "bestAsk": "3001.50000000",
      "volume24h": "8945.25",
      "quoteVolume24h": "26800000.00",
      "fundingRate": "0.00001250",
      "openInterest": "45678.50",
      "prevDayPrice": "2804.00000000",
      "timestamp": 1704067200000
    }
  },
  "request_id": "5ccf215d37e3ae6d"
}

Market Prices Response Object

The response returns an object (map) where keys are market symbols and values are market price data:

Object Format: Keys are market symbols (e.g., "BTC-USDT"), enabling O(1) lookups
Combined Data: Each value includes real-time prices and rolling 24-hour statistics
Symbol Included: Each object contains the symbol field for consistency
Fast Access: Direct access to specific market data without iteration

Market Price Object

Field	Type	Description
`symbol`	string	Trading pair symbol (e.g., "BTC-USDT")
`markPrice`	string	Current mark price used for position valuation and liquidation
`indexPrice`	string	Reference price from external sources (spot exchanges)
`lastPrice`	string	Last traded price
`bestBid`	string	Best bid price from order book
`bestAsk`	string	Best ask price from order book
`prevDayPrice`	string	Market price 24 hours ago
`volume24h`	string	24-hour trading volume in base asset
`quoteVolume24h`	string	24-hour trading volume in quote asset (e.g., USDT)
`fundingRate`	string	Funding rate (currently returns `"0"` - not populated by this endpoint. Use Get Funding Rate for actual funding rates)
`openInterest`	string	Total open interest in base asset
`timestamp`	integer	Unix timestamp in milliseconds when the data was last updated

Error Response

{
  "status": "error",
  "error": {
    "message": "Could not get market prices",
    "code": "INTERNAL_ERROR"
  },
  "request_id": "5ccf215d37e3ae6d"
}

Code Examples

Get All Market Prices

{
  "params": {
    "action": "getMarketPrices"
  }
}

Validation Rules

No authentication required
No parameters to validate
Returns data for all available markets
Real-time data from price feeds

Error Handling

Common error scenarios:

Error	Description
Invalid signature	EIP-712 signature validation failed
Invalid market symbol	Market symbol not recognized
Nonce already used	Nonce must be greater than previous value
Rate limit exceeded	Too many requests in time window
Request expired	`expiresAfter` timestamp has passed

Error	Description
Market configuration unavailable	Failed to retrieve market list
Mark price unavailable	Failed to retrieve mark price data
Index price unavailable	Failed to retrieve index price data

Rate Limiting

Default: 1000 requests per minute per IP
Burst: Up to 100 requests per second
Real-time Data: High-frequency access supported

Data Fields Explained

Price Types

Mark Price

The mark price is the current fair value of the perpetual contract used for:

Position valuation in portfolios
Liquidation price calculations
PnL calculations
Updated continuously based on trading activity and price feeds

Index Price

The index price is a reference price derived from external spot exchanges:

Provides an external price reference independent of Synthetix trading
Used as a baseline for mark price calculations
Sourced from multiple spot exchanges for accuracy

Prev Day Price

The market (last) price 24 hours ago

Core Metrics

Volume

volume24h: Total base asset traded in 24 hours (e.g., BTC amount)
quoteVolume24h: Total quote asset traded in 24 hours (e.g., USDT amount)
Rolling 24-hour window, continuously updated

Funding Rate

fundingRate: Currently returns "0" (not populated by this endpoint)
For actual funding rates, use Get Funding Rate

Open Interest

openInterest: Total open positions in base asset
Key indicator of market activity and liquidity

Timestamps

timestamp: Currently returns 0 (not populated by this endpoint)
Each price field (markPrice, indexPrice, lastPrice) is updated in real-time from price feeds

Related Endpoints

Get Markets - Market configuration
Get Funding Rate - Current funding rates per symbol
Get Open Interest - Open interest for all markets
Get Candles - Historical price data
Market Price Updates (WebSocket) - Real-time streaming of all price data