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: MEXC against Binance−0.051%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.051%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.046% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYRUPUSDT | 0.2217 | 0.0100 | pay 0.0050% / 4h | 47m 25s | $9.1M | $7.1M | 25x |
| Short | MEXC SYRUP_USDT | 0.2216 | 0.0100 | get 0.0050% / 4h | 47m 25s | $2.8M | $423K | 100x |
Binance SYRUPUSDT
MEXC SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.051% → −0.005%
- −$4.61
- Slippage, 4 orders
- −$44.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$66.97
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 5 min ago.
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 Binance live order book, 7 min ago | 0.45 bp | 19.3 bp −$19 | 98.0 bp −$980 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.26 bp | 10.5 bp −$10 | 58.9 bp −$589 | 294.7 bp −$29.5K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0802% | 1h | 0.2219 | +0.063% | $40K | $24K | 10x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2219 | +0.066% | $205K | $218K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2220 | +0.148% | $5.5M | $1.9M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2217 | −0.009% | $14K | $68K | 10x | as long as short |
| Binance SYRUPUSDTlong | +0.0100% | 4h | 0.2217 | long leg | $9.1M | $7.1M | 25x | |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2218 | +0.039% | $2.2M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2218 | +0.039% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2216 | −0.064% | $410K | $69K | 25x | as long as short |
| MEXC SYRUP_USDTshort | +0.0100% | 4h | 0.2216 | −0.051% | $2.8M | $423K | 100x | |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2217 | +0.008% | $1.9M | $152K | 25x | as long as short |
Kraken Futures PF_SYRUPUSD
Lighter SYRUP
Hyperliquid SYRUP
Aster SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
KuCoin SYRUPUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2217 | −0.006% | $700K | $507K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2217 | +0.003% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2218 | +0.042% | $159K | $30K | — | as long as short |
| BloFin SYRUP-USDT | +0.0146% | 4h | 0.2208 | −0.412% | $432K | $129K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2217 | 0.000% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0329% / S −0.1447% | 1h | 0.2218 | +0.018% | $3K | — | 50x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]