Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.066%
Price spread now: Lighter against BingX+0.109%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.109%, 7d avg +0.091%
=Together, before fees+0.070%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SYRUP-USDT | 0.2296 | 0.0100 | pay 0.0050% / 4h | 1h 11m | — | $6.5M | — |
| Short | Lighter SYRUP | 0.2299 | 0.0096 | get 0.0012% / 1h | 11m 15s | $208K | $225K | 5x |
BingX SYRUP-USDT
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- −$0.84
- Price spread: +0.109% → +0.091%
- $1.82
- Slippage, 4 orders
- −$102.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$111.15
- Costs to cover
- 1.121%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Lighter: live order book, 63 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 BingX live order book, 5 min ago | 5.22 bp | 29.8 bp −$30 | 89.3 bp −$893 | 710.3 bp −$71.0K | 1166.7 bp −$583.4K |
| Sell Lighter live order book, 63 min ago | 15.18 bp | 36.7 bp −$37 | 638.6 bp −$6,386 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0064% | 4h | 0.2296 | −0.030% | $461K | $132K | 50x | as long as short |
| Lighter SYRUPshort | +0.0096% | 1h | 0.2299 | +0.109% | $208K | $225K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2294 | −0.093% | $12K | $61K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2294 | −0.105% | $9.6M | $6.5M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2295 | −0.035% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2294 | −0.096% | $1.2M | $996K | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2296 | +0.004% | $428K | $67K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2294 | −0.096% | $3.0M | $585K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2304 | +0.335% | $2.0M | $109K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2296 | −0.009% | $669K | $440K | 20x | as long as short |
BloFin SYRUP-USDT
Aster SYRUPUSDT
Binance 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-USDTlong | +0.0100% | 4h | 0.2296 | long leg | — | $6.5M | — | |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2302 | +0.242% | $166K | $51K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2295 | −0.049% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2294 | −0.106% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0950% | 1h | 0.2299 | +0.125% | $5.8M | $1.5M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1427% | 1h | 0.2297 | +0.054% | $41K | $23K | 10x | as long as short |
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD