Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.317%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costs−$441as in the Price arb table
costs, in and out, $10k−$4594.586% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days−0.161%−$16 · spread now +0.317%, 7d avg +0.137%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.180% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SYRUPUSDT | 0.2301 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $2.3M | $2.0M | 25x |
| Short | KuCoin SYRUPUSDTM | 0.2308 | 0.0174 | get 0.0087% / 4h | 3h 38m | $2.0M | $112K | 25x |
Bybit SYRUPUSDT
KuCoin SYRUPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $15.54
- Price spread: +0.317% → +0.137%
- $18.05
- Slippage, 4 orders
- −$435.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$424.97
- Costs to cover
- 4.586%
- Break-even
- 198.4 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 8 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, 4 min ago | 2.82 bp | 58.8 bp −$59 | 288.2 bp −$2,882 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 12.77 bp | 210.3 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0087% | 4h | 0.2301 | 0.000% | $457K | $133K | 50x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2304 | +0.139% | $209K | $217K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2300 | −0.063% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2298 | −0.143% | $9.6M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDTlong | +0.0100% | 4h | 0.2301 | long leg | $2.3M | $2.0M | 25x | |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2298 | −0.130% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2300 | −0.043% | $428K | $68K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2298 | −0.130% | $3.0M | $579K | 100x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2300 | −0.043% | $677K | $450K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2300 | −0.061% | — | $6.5M | — | as long as short |
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
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 | 0.2304 | +0.126% | $166K | $46K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2299 | −0.102% | — | — | 5x | as long as short |
| KuCoin SYRUPUSDTMshort | +0.0174% | 4h | 0.2308 | +0.317% | $2.0M | $112K | 25x | |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2298 | −0.110% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0463% | 1h | 0.2303 | +0.087% | $5.8M | $1.6M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1569% | 1h | 0.2303 | +0.090% | $41K | $23K | 10x | as long as short |
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD