Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

SYRUP

All SYRUP markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateSYRUP_USDT
0.1419−0.0314get 0.0314% / 8h2h 10m$310K$159K25xLong Gate
SHORT
HyperliquidSYRUP
0.1420+0.0100get 0.0013% / 1h10m 20s$3.8M$733K3xShort Hyperliquid4% off
Price gap+0.058%
Funding gap+0.0414% /8h

Funding pays +$12 a day on $10k, but the gap is 0.102% under its 7d average: −$10 if it goes back, about 20 hours of funding. At the last 7 days' pace that is about 3.0 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$24+0.0414% /8h now · paid +0.240% over the last 7D
Price−$10spread +0.058% now, avg +0.160% → −0.102% if it goes back
Costs−$3083.077% of $10k · taker + slippage, in and out
Result−$294−2.94%+ Points / potential airdropHyperliquid: Season 2 · farm board

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.240% in total, about +0.0114%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.058%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SYRUP on 15 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size109.4 / 29.3 bp
    At $10k entering Gate costs 109.4 bp, fee and slippage, 3.7× Hyperliquid’s.
  • Note: Margin at max leverage$400 + $3,333
    Gate 25x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$12.42Long Gate: 3 payments, +$9.42; short Hyperliquid: 24 payments, +$3.00.
  • Watch: Gap narrower than usual+0.058% vs +0.160%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$310K vs $3.8M OI
    Gate sets your exit cost. Check its book before closing.
  • OK: Points on a legHyperliquid Season 2
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · Hyperliquid No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0114%/8h × 21 periods+$24.04
Price spread+0.058% → +0.160% (7d avg)−$10.18
Slippage, 4 orderslive order books−$283.66
Fee Gate bp × 2 orders−$15.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$293.80
Costs to cover3.077%Break-even92.6 days
Slippage: Gate: live order book, 43 min ago; Hyperliquid: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate8.86109.4 bp−$109doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTHyperliquid4.5929.3 bp−$29112.0 bp−$1,120doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert