Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.077%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.077%, 7d avg −0.078%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SYRUPUSDT | 0.2199 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $2.1M | $2.4M | 25x |
| Short | Binance SYRUPUSDT | 0.2197 | 0.0100 | get 0.0050% / 4h | 3h 40m | $8.9M | $7.2M | 25x |
Bybit SYRUPUSDT
Binance SYRUPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: −0.077% → −0.078%
- $0.06
- Slippage, 4 orders
- −$91.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.19
- Costs to cover
- 1.123%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 14 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 Bybit live order book, 2 min ago | 0.23 bp | 31.5 bp −$32 | 616.4 bp −$6,164 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.91 bp | 29.6 bp −$30 | 97.1 bp −$971 | 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 | 0.2200 | +0.082% | $201K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2197 | −0.071% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDTshort | +0.0100% | 4h | 0.2197 | −0.077% | $8.9M | $7.2M | 25x | |
| Bybit SYRUPUSDTlong | +0.0100% | 4h | 0.2199 | long leg | $2.1M | $2.4M | 25x | |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2201 | +0.109% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2197 | −0.091% | $404K | $60K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2196 | −0.118% | $2.9M | $415K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2198 | −0.041% | $1.9M | $152K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2199 | +0.018% | $703K | $479K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2198 | −0.005% | — | $6.6M | — | as long as short |
Lighter SYRUP
Aster 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 SYRUP | +0.0100% | 4h | 0.2198 | −0.014% | $157K | $24K | — | as long as short |
| BloFin SYRUP-USDT | +0.0118% | 4h | 0.2198 | −0.032% | $415K | $134K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2197 | −0.060% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0215% | 1h | 0.2202 | +0.132% | $5.4M | $1.8M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2199 | +0.010% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +1.4484% | 1h | 0.2192 | −0.289% | $40K | $21K | 10x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD