Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit−1.016%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 3 days (all we have)+0.905%+$91 · spread now −1.016%, 7d avg −0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.936% cheaper against Bybit than usual: you would sell low and buy high, −$94 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SYRUPUSDT | 0.2322 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $2.3M | $1.8M | 25x |
| Short | BloFin SYRUP-USDT | 0.2298 | 0.0109 | get 0.0055% / 4h | 2h 30m | $467K | $132K | 50x |
Bybit SYRUPUSDT
BloFin SYRUP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.89
- Price spread: −1.016% → −0.081%
- −$93.58
- Slippage, 4 orders
- −$128.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$243.12
- Costs to cover
- 1.514%
- Break-even
- 905.1 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 55 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, 1 min ago | 0.87 bp | 62.6 bp −$63 | 182.1 bp −$1,821 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 0.86 bp | 17.6 bp −$18 | doesn't fit | 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 | 0.2326 | +0.172% | $211K | $225K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2318 | −0.155% | $11K | $60K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2322 | −0.004% | $9.7M | $6.3M | 25x | as long as short |
| Bybit SYRUPUSDTlong | +0.0100% | 4h | 0.2322 | long leg | $2.3M | $1.8M | 25x | |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2321 | −0.043% | $1.2M | $982K | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2319 | −0.134% | $434K | $66K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2321 | −0.043% | $3.1M | $566K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2321 | −0.052% | $2.0M | $107K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2320 | −0.086% | $696K | $424K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2322 | 0.000% | — | $6.5M | — | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance 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 | 0.2303 | −0.813% | $164K | $48K | — | as long as short |
| BloFin SYRUP-USDTshort | +0.0109% | 4h | 0.2298 | −1.016% | $467K | $132K | 50x | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2301 | −0.920% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2300 | −0.949% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0980% | 1h | 0.2306 | −0.701% | $42K | $24K | 10x | as long as short |
| Hyperliquid SYRUP | +0.1247% | 1h | 0.2329 | +0.293% | $5.9M | $1.4M | 3x | as long as short |
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD
Hyperliquid SYRUP