Funding you earn now, next payment 03:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h —
Price spread now: Reya against Binance+0.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Reya is 0.114% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SYRUPUSDT | 0.2232 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $9.2M | $7.0M | 25x |
| Short | Reya SYRUPRUSDPERP | 0.2235 | 0.0149 | get 0.0019% / 1h | 38m 06s | — | — | 5x |
Binance SYRUPUSDT
Reya SYRUPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $10.28
- Price spread: +0.114% → 0.000%
- $11.38
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $5.66
- Costs to cover
- 0.160%
- Break-even
- 3.1 days
Slippage unknown: Binance: live order book, 2 min ago; Reya: no order-book sample. 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 Binance live order book, 2 min ago | 2.02 bp | 24.5 bp −$25 | 97.7 bp −$977 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.2237 | +0.239% | $206K | $218K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2237 | +0.207% | $5.6M | $1.8M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2232 | +0.023% | $14K | $66K | 10x | as long as short |
| Binance SYRUPUSDTlong | +0.0100% | 4h | 0.2232 | long leg | $9.2M | $7.0M | 25x | |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2233 | +0.068% | $2.2M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2233 | +0.046% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2233 | +0.041% | $413K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2232 | +0.001% | $2.9M | $422K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2240 | +0.373% | $1.9M | $151K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2236 | +0.180% | $699K | $498K | 20x | as long as short |
Lighter SYRUP
Hyperliquid SYRUP
Aster SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2234 | +0.073% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2236 | +0.181% | $161K | $37K | — | as long as short |
| BloFin SYRUP-USDT | +0.0104% | 4h | 0.2233 | +0.037% | $439K | $126K | 50x | as long as short |
| Reya SYRUPRUSDPERPshort | +0.0149% | 1h | 0.2235 | +0.114% | — | — | 5x | |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2235 | +0.117% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0829% | 1h | 0.2233 | +0.057% | $40K | $25K | 10x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
BloFin SYRUP-USDT
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD