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: OKX against BingX−0.043%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.043%, 7d avg +0.041%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.084% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SYRUP-USDT0.23010.0100pay 0.0050% / 4h1h 22m$6.5M
ShortOKX SYRUP-USDT-SWAP0.23000.0100get 0.0050% / 4h1h 22m$1.2M$997K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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: −0.043% → +0.041%
−$8.41
Slippage, 4 orders
−$88.6
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$117.01
Costs to cover
1.086%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 4 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 BingX live order book, 4 min ago3.27 bp10.9 bp −$1180.3 bp −$803746.9 bp −$74.7K1200.9 bp −$600.5K
Sell OKX live order book, 4 min ago2.17 bp28.7 bp −$29471.5 bp −$4,715doesn'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%1h0.2304+0.113%$209K$225K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2299−0.100%$12K$61K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2301+0.019%$9.6M$6.5M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2300−0.026%$2.3M$1.9M25xas long as short
OKX SYRUP-USDT-SWAPshort+0.0100%4h0.2300−0.043%$1.2M$997K20x
Gate SYRUP_USDT+0.0100%8h0.2297−0.156%$429K$67K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2300−0.043%$3.0M$577K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2307+0.265%$2.0M$109K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.23010.000%$671K$439K20xas long as short
BingX SYRUP-USDTlong+0.0100%4h0.2301long leg$6.5M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2301−0.010%$165K$51Kas long as short
BloFin SYRUP-USDT+0.0111%4h0.2299−0.096%$462K$132K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2301+0.005%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2300−0.034%$3K50xas long as short
Hyperliquid SYRUP+0.0955%1h0.2305+0.187%$5.8M$1.5M3xas long as short
Kraken Futures PF_SYRUPUSD+0.1426%1h0.2299−0.076%$41K$23K10xas long as short