Funding you earn now, next payment 12:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin−0.005%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.005%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SYRUP-USDT | 0.2213 | 0.0098 | pay 0.0049% / 4h | 3h 03m | $416K | $157K | 50x |
| Short | MEXC SYRUP_USDT | 0.2213 | 0.0100 | get 0.0050% / 4h | 3h 03m | $2.9M | $419K | 100x |
BloFin SYRUP-USDT
MEXC SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $0.41
- Price spread: −0.005% → +0.010%
- −$1.45
- Slippage, 4 orders
- −$58.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$79.59
- Costs to cover
- 0.786%
- Break-even
- 1356.8 days
Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 4 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 BloFin live order book, 7 min ago | 11.57 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.26 bp | 10.6 bp −$11 | 66.0 bp −$660 | 300.3 bp −$30.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2219 | +0.249% | $202K | $220K | 5x | as long as short |
| BloFin SYRUP-USDTlong | +0.0098% | 4h | 0.2213 | long leg | $416K | $157K | 50x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2213 | +0.006% | $16K | $75K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2213 | +0.011% | $8.9M | $7.1M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2214 | +0.050% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2212 | −0.050% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2213 | −0.014% | $407K | $61K | 25x | as long as short |
| MEXC SYRUP_USDTshort | +0.0100% | 4h | 0.2213 | −0.005% | $2.9M | $419K | 100x | |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2214 | +0.050% | $1.9M | $150K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2214 | +0.041% | $704K | $486K | 20x | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate 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 | 0.2214 | +0.054% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2210 | −0.118% | $158K | $24K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2212 | −0.036% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2215 | +0.099% | $2K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0369% | 1h | 0.2219 | +0.249% | $5.6M | $1.8M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +1.4359% | 1h | 0.2211 | −0.082% | $40K | $17K | 10x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD