Funding arb · Price arb /

SYRUP

all SYRUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SYRUPUSDT	0.2239	0.0100	pay 0.0050% / 4h	1h 19m	$14K	$66K	10x
Short	Bybit SYRUPUSDT	0.2239	0.0100	get 0.0050% / 4h	1h 19m	$2.2M	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → 0.000%: $1.29
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$17.71
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	0.22 bp	40.2 bp −$40	174.8 bp −$1,748	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SYRUP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SYRUP	+0.0096%	1h	0.2243	+0.174%	$207K	$218K	5x	as long as short
Aster SYRUPUSDTlong	+0.0100%	4h	0.2239	long leg	$14K	$66K	10x
Binance SYRUPUSDT	+0.0100%	4h	0.2238	−0.023%	$9.2M	$7.0M	25x	as long as short
Bybit SYRUPUSDTshort	+0.0100%	4h	0.2239	+0.013%	$2.2M	$2.1M	25x
OKX SYRUP-USDT-SWAP	+0.0100%	4h	0.2238	−0.041%	$1.1M	$1.1M	20x	as long as short
Gate SYRUP_USDT	+0.0100%	8h	0.2240	+0.040%	$415K	$71K	25x	as long as short
MEXC SYRUP_USDT	+0.0100%	4h	0.2239	+0.004%	$2.9M	$423K	100x	as long as short
KuCoin SYRUPUSDTM	+0.0100%	4h	0.2246	+0.326%	$1.9M	$151K	25x	as long as short
Bitget SYRUPUSDT	+0.0100%	4h	0.2240	+0.049%	$704K	$500K	20x	as long as short
BingX SYRUP-USDT	+0.0100%	4h	0.2240	+0.035%	—	$6.5M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SYRUP	+0.0100%	4h	0.2243	+0.171%	$161K	$32K	—	as long as short
BloFin SYRUP-USDT	+0.0109%	4h	0.2238	−0.050%	$438K	$126K	50x	as long as short
Hyperliquid SYRUP	+0.0125%	1h	0.2244	+0.227%	$5.6M	$1.8M	3x	as long as short
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2239	+0.016%	—	—	5x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0330% / S −0.1447%	1h	0.2240	+0.046%	$3K	—	50x	as long as short
Kraken Futures PF_SYRUPUSD	+0.0827%	1h	0.2239	−0.010%	$41K	$25K	10x	as long as short