Funding arb · Price arb /

SYRUP

all SYRUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bybit−0.091%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.091% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SYRUPUSDT	0.2305	0.0100	pay 0.0050% / 4h	3h 43m	$2.3M	$1.9M	25x
Short	Aster SYRUPUSDT	0.2303	0.0100	get 0.0050% / 4h	3h 43m	$14K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now −0.091%Rate

Funding earned: $0
Price spread: −0.091% → 0.000%: −$9.11
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.11
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; Aster: no order-book sample. 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 Bybit live order book, 3 min ago	1.74 bp	52.5 bp −$52	181.6 bp −$1,816	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0043%	4h	0.2299	−0.239%	$457K	$134K	50x	as long as short
Lighter SYRUP	+0.0096%	1h	0.2306	+0.039%	$210K	$217K	5x	as long as short
Aster SYRUPUSDTshort	+0.0100%	4h	0.2303	−0.091%	$14K	$63K	10x
Binance SYRUPUSDT	+0.0100%	4h	0.2303	−0.082%	$9.6M	$6.8M	25x	as long as short
Bybit SYRUPUSDTlong	+0.0100%	4h	0.2305	long leg	$2.3M	$1.9M	25x
OKX SYRUP-USDT-SWAP	+0.0100%	4h	0.2305	+0.017%	$1.2M	$1.1M	20x	as long as short
Gate SYRUP_USDT	+0.0100%	8h	0.2302	−0.117%	$428K	$68K	25x	as long as short
MEXC SYRUP_USDT	+0.0100%	4h	0.2302	−0.113%	$3.0M	$579K	100x	as long as short
Bitget SYRUPUSDT	+0.0100%	4h	0.2303	−0.069%	$678K	$448K	20x	as long as short
BingX SYRUP-USDT	+0.0100%	4h	0.2303	−0.082%	—	$6.5M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SYRUP	+0.0100%	4h	0.2301	−0.146%	$166K	$46K	—	as long as short
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2304	−0.020%	—	—	5x	as long as short
KuCoin SYRUPUSDTM	+0.0156%	4h	0.2312	+0.334%	$2.0M	$111K	25x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0331% / S −0.1447%	1h	0.2303	−0.089%	$3K	—	50x	as long as short
Hyperliquid SYRUP	+0.0430%	1h	0.2307	+0.123%	$5.9M	$1.6M	3x	as long as short
Kraken Futures PF_SYRUPUSD	+0.1571%	1h	0.2301	−0.170%	$41K	$23K	10x	as long as short