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% APRpaid last 24h −0.202%
Price spread now: Aster against Hyperliquid−0.100%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.100% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SYRUP0.22250.0100pay 0.0013% / 1h57m 49s$5.5M$1.8M3x
ShortAster SYRUPUSDT0.22220.0100get 0.0050% / 4h57m 49s$14K$68K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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: −0.100% → 0.000%
−$9.97
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.97
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 4 min ago2.02 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0801%1h0.2222−0.114%$40K$24K10xas long as short
Lighter SYRUP+0.0096%1h0.2225+0.031%$205K$218K5xas long as short
Hyperliquid SYRUPlong+0.0100%1h0.2225long leg$5.5M$1.8M3x
Aster SYRUPUSDTshort+0.0100%4h0.2222−0.100%$14K$68K10x
Binance SYRUPUSDT+0.0100%4h0.2221−0.153%$9.1M$7.1M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2223−0.094%$2.2M$2.1M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2220−0.207%$1.1M$1.1M20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2220−0.207%$411K$69K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2221−0.162%$2.8M$422K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2228+0.148%$1.9M$151K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYRUPUSDT+0.0100%4h0.2222−0.117%$702K$507K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2222−0.130%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2223−0.077%$159K$32Kas long as short
BloFin SYRUP-USDT+0.0137%4h0.2223−0.049%$438K$129K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2222−0.121%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0329% / S −0.1447%1h0.2222−0.113%$3K50xas long as short