Settings8H · net · $10k
Funding arb · Price arb /

SYRUP

all SYRUP markets
SwapBacktest
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: BingX against Bybit+0.018%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1311.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.018%, 7d avg −0.033%
Together, before fees−0.034%−$3 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: BingX is 0.050% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SYRUPUSDT0.22410.0100pay 0.0050% / 4h1h 15m$2.2M$2.1M25x
ShortBingX SYRUP-USDT0.22420.0100get 0.0050% / 4h1h 15m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$0
Price spread: +0.018% → −0.033%
$5.04
Slippage, 4 orders
−$110.49
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126.45
Costs to cover
1.315%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago3.35 bp43.3 bp −$43177.1 bp −$1,771doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.37 bp30.1 bp −$3085.2 bp −$852548.2 bp −$54.8K1180.2 bp −$590.1K

SYRUP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SYRUP-USDT+0.0092%4h0.2237−0.183%$439K$126K50xas long as short
Lighter SYRUP+0.0096%1h0.2245+0.187%$207K$218K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2241−0.020%$14K$66K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2242+0.036%$9.2M$7.0M25xas long as short
Bybit SYRUPUSDTlong+0.0100%4h0.2241long leg$2.2M$2.1M25x
OKX SYRUP-USDT-SWAP+0.0100%4h0.2241−0.013%$1.1M$1.1M20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2240−0.076%$415K$71K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2241−0.013%$2.9M$423K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2248+0.281%$1.9M$151K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2241−0.013%$704K$500K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDTshort+0.0100%4h0.2242+0.018%$6.5M
Variational Omni SYRUP+0.0100%4h0.2242+0.030%$161K$32Kas long as short
Hyperliquid SYRUP+0.0146%1h0.2247+0.268%$5.6M$1.8M3xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2241+0.001%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2242+0.031%$3K50xas long as short
Kraken Futures PF_SYRUPUSD+0.0827%1h0.2240−0.048%$41K$25K10xas long as short