Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BloFin−0.412%56s7-day average +0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.601%+$60 · spread now −0.412%, 7d avg +0.107%
=Together, before fees+0.600%+ Points / potential airdropVariational Omni: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.520% cheaper against BloFin than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.107%). Swap the legs. The two prices were read 56 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 | 0.2306 | 0.0117 | pay 0.0058% / 4h | 56m 18s | $460K | $133K | 50x |
| Short | Variational Omni SYRUP | 0.2296 | 0.0100 | get 0.0050% / 4h | 56m 18s | $165K | $51K | — |
BloFin SYRUP-USDT
Variational Omni SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$3.54
- Price spread: −0.412% → +0.107%
- −$51.95
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$67.5
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 19 min ago; Variational Omni: RFQ quote, 23 min ago. 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 BloFin live order book, 19 min ago | 0.44 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 23 min ago | 6.53 bp | doesn't fit | 198.0 bp −$1,980 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2308 | +0.130% | $209K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2304 | −0.068% | $13K | $61K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2306 | +0.008% | $9.6M | $6.5M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2306 | +0.039% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2307 | +0.065% | $1.2M | $1.0M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2303 | −0.121% | $430K | $68K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2305 | −0.022% | $3.0M | $581K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2310 | +0.208% | $2.0M | $108K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2306 | +0.022% | $672K | $439K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2306 | +0.035% | — | $6.5M | — | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUPshort | +0.0100% | 4h | 0.2296 | −0.412% | $165K | $51K | — | |
| BloFin SYRUP-USDTlong | +0.0117% | 4h | 0.2306 | long leg | $460K | $133K | 50x | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2306 | +0.029% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2305 | −0.033% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0682% | 1h | 0.2310 | +0.177% | $42K | $23K | 10x | as long as short |
| Hyperliquid SYRUP | +0.1114% | 1h | 0.2310 | +0.187% | $5.9M | $1.5M | 3x | as long as short |
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD
Hyperliquid SYRUP