Settings8H · net · $10k
Funding arb · Price arb /

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.078%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1461.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.078%, 7d avg +0.077%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SYRUPUSDT0.23010.0100pay 0.0050% / 4h2h 39m$9.7M$6.2M25x
ShortBybit SYRUPUSDT0.23030.0100get 0.0050% / 4h2h 39m$2.3M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: +0.078% → +0.077%
$0.12
Slippage, 4 orders
−$124.82
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$145.7
Costs to cover
1.458%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.16 bp29.9 bp −$30130.9 bp −$1,309doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.17 bp48.7 bp −$49183.2 bp −$1,832doesn't fitdoesn't fit

SYRUP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SYRUP+0.0096%1h0.2308+0.278%$209K$225K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2304+0.095%$11K$59K10xas long as short
Binance SYRUPUSDTlong+0.0100%4h0.2301long leg$9.7M$6.2M25x
Bybit SYRUPUSDTshort+0.0100%4h0.2303+0.078%$2.3M$1.8M25x
OKX SYRUP-USDT-SWAP+0.0100%4h0.2302+0.026%$1.2M$964K20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2301+0.004%$431K$65K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2301−0.018%$3.1M$566K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2307+0.226%$2.0M$105K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2304+0.113%$672K$409K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2302+0.013%$6.6Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2303+0.072%$165K$48Kas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2303+0.080%5xas long as short
BloFin SYRUP-USDT+0.0159%4h0.2302+0.013%$473K$131K50xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0331% / S −0.1447%1h0.2301−0.035%$3K50xas long as short
Kraken Futures PF_SYRUPUSD+0.0980%1h0.2306+0.213%$42K$24K10xas long as short
Hyperliquid SYRUP+0.1364%1h0.2307+0.260%$5.7M$1.3M3xas long as short