SYRUP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against BloFin+0.187%53s7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1091.088% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.187%, 7d avg +0.065%

Together, before fees−0.104%−$10 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 0.122% dearer against BloFin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.065%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SYRUP-USDT	0.2193	0.0102	pay 0.0051% / 4h	2h 36m	$423K	$124K	50x
Short	OKX SYRUP-USDT-SWAP	0.2197	0.0100	get 0.0050% / 4h	2h 36m	$1.0M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.187%Rate

Funding earned: −$0.36
Price spread: +0.187% → +0.065%: $12.17
Slippage, 4 orders: −$86.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$96.99
Costs to cover: 1.088%
Break-even: never at this rate

Slippage from BloFin: live order book, 54 min ago; OKX: 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 BloFin live order book, 54 min ago	0.45 bp	11.5 bp −$11	44.0 bp −$440	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	6.84 bp	33.4 bp −$33	581.8 bp −$5,818	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
Kraken Futures PF_SYRUPUSD	−0.0417%	1h	0.2195	+0.079%	$39K	$24K	10x	as long as short
Lighter SYRUP	+0.0096%	1h	0.2199	+0.278%	$205K	$220K	5x	as long as short
Aster SYRUPUSDT	+0.0100%	4h	0.2195	+0.109%	$14K	$68K	10x	as long as short
Binance SYRUPUSDT	+0.0100%	4h	0.2195	+0.110%	$8.9M	$7.6M	25x	as long as short
Bybit SYRUPUSDT	+0.0100%	4h	0.2197	+0.164%	$2.2M	$2.5M	25x	as long as short
OKX SYRUP-USDT-SWAPshort	+0.0100%	4h	0.2197	+0.187%	$1.0M	$1.1M	20x
Gate SYRUP_USDT	+0.0100%	8h	0.2191	−0.073%	$404K	$65K	25x	as long as short
MEXC SYRUP_USDT	+0.0100%	4h	0.2196	+0.141%	$2.8M	$424K	100x	as long as short
KuCoin SYRUPUSDTM	+0.0100%	4h	0.2201	+0.369%	$1.8M	$150K	25x	as long as short
Bitget SYRUPUSDT	+0.0100%	4h	0.2199	+0.278%	$692K	$513K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SYRUP-USDT	+0.0100%	4h	0.2197	+0.182%	—	$6.5M	—	as long as short
Variational Omni SYRUP	+0.0100%	4h	0.2197	+0.196%	$157K	$27K	—	as long as short
BloFin SYRUP-USDTlong	+0.0102%	4h	0.2193	long leg	$423K	$124K	50x
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2198	+0.217%	—	—	5x	as long as short
Hyperliquid SYRUP	+0.0250%	1h	0.2201	+0.367%	$5.4M	$1.9M	3x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0314% / S −0.1301%	1h	0.2197	+0.192%	$2K	—	50x	as long as short