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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate+0.204%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$876as in the Funding arb table
Net, price: spread back to 7d avg − costs−$873as in the Price arb table
costs, in and out, $10k−$8768.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.204%, 7d avg +0.176%
Together, before fees+0.085%+$8 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: KuCoin is 0.028% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.176%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SYRUP_USDT0.22010.0100pay 0.0100% / 8h3h 09m$405K$65K25x
ShortKuCoin SYRUPUSDTM0.22050.0100get 0.0050% / 4h3h 09m$1.8M$151K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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: +0.204% → +0.176%
$2.83
Slippage, 4 orders
−$849.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$873.5
Costs to cover
8.763%
Break-even
never at this rate
Slippage from Gate: live order book, 41 min ago; KuCoin: live order book, 2 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 Gate live order book, 41 min ago21.65 bp219.3 bp −$219doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago36.64 bp312.6 bp −$313doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_SYRUPUSD−0.0049%1h0.2205+0.193%$39K$23K10xas long as short
Lighter SYRUP+0.0096%1h0.2206+0.232%$204K$218K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2203+0.092%$14K$68K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2200−0.018%$8.9M$7.5M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2203+0.105%$2.2M$2.2M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2200−0.036%$1.0M$1.1M20xas long as short
Gate SYRUP_USDTlong+0.0100%8h0.2201long leg$405K$65K25x
MEXC SYRUP_USDT+0.0100%4h0.2200−0.036%$2.8M$425K100xas long as short
KuCoin SYRUPUSDTMshort+0.0100%4h0.2205+0.204%$1.8M$151K25x
Bitget SYRUPUSDT+0.0100%4h0.2203+0.100%$703K$505K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2201+0.009%$6.6Mas long as short
Variational Omni SYRUP+0.0100%4h0.2206+0.240%$158K$26Kas long as short
BloFin SYRUP-USDT+0.0138%4h0.2203+0.109%$423K$127K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2202+0.070%5xas long as short
Hyperliquid SYRUP+0.0252%1h0.2207+0.273%$5.4M$1.9M3xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0314% / S −0.1301%1h0.2203+0.097%$2K50xas long as short