Funding arb · Price arb /

SYRUP

all SYRUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster−0.003%7-day average — · you buy dearer than you sell

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

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 6 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	0.2197	0.0100	pay 0.0050% / 4h	3h 39m	$14K	$73K	10x
Short	MEXC SYRUP_USDT	0.2197	0.0100	get 0.0050% / 4h	3h 39m	$2.9M	$415K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → 0.000%: −$0.27
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$16.27
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago	4.55 bp	12.0 bp −$12	58.2 bp −$582	294.4 bp −$29.4K	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	0.2201	+0.161%	$201K	$220K	5x	as long as short
Aster SYRUPUSDTlong	+0.0100%	4h	0.2197	long leg	$14K	$73K	10x
Binance SYRUPUSDT	+0.0100%	4h	0.2197	−0.007%	$8.9M	$7.2M	25x	as long as short
Bybit SYRUPUSDT	+0.0100%	4h	0.2199	+0.070%	$2.1M	$2.4M	25x	as long as short
OKX SYRUP-USDT-SWAP	+0.0100%	4h	0.2201	+0.179%	$1.1M	$1.1M	20x	as long as short
Gate SYRUP_USDT	+0.0100%	8h	0.2197	−0.021%	$404K	$60K	25x	as long as short
MEXC SYRUP_USDTshort	+0.0100%	4h	0.2197	−0.003%	$2.9M	$415K	100x
KuCoin SYRUPUSDTM	+0.0100%	4h	0.2198	+0.029%	$1.9M	$152K	25x	as long as short
Bitget SYRUPUSDT	+0.0100%	4h	0.2199	+0.088%	$702K	$480K	20x	as long as short
BingX SYRUP-USDT	+0.0100%	4h	0.2198	+0.061%	—	$6.6M	—	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	0.2198	+0.056%	$157K	$24K	—	as long as short
BloFin SYRUP-USDT	+0.0118%	4h	0.2198	+0.038%	$415K	$134K	50x	as long as short
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2197	+0.010%	—	—	5x	as long as short
Hyperliquid SYRUP	+0.0218%	1h	0.2202	+0.216%	$5.4M	$1.8M	3x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0313% / S −0.1301%	1h	0.2199	+0.080%	$2K	—	50x	as long as short
Kraken Futures PF_SYRUPUSD	+1.4484%	1h	0.2192	−0.219%	$40K	$21K	10x	as long as short