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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0246%/8h= −27.0% APRpaid last 24h −0.188%
Price spread now: Bitget against Hyperliquid−0.230%7-day average −0.211% · 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 7 days−0.441%−$44 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.230%, 7d avg −0.211%
Together, before fees−0.469%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.211%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SYRUP0.23080.0346pay 0.0043% / 1h50m 04s$5.9M$1.5M3x
ShortBitget SYRUPUSDT0.23030.0100get 0.0050% / 4h1h 50m$678K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$51.7
Price spread: −0.230% → −0.211%
−$1.85
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.55
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Bitget: live order book, 30 min ago. 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, 2 min ago1.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago10.70 bp28.0 bp −$2892.1 bp −$921doesn'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
Lighter SYRUP+0.0096%1h0.2308−0.004%$209K$225K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2305−0.123%$12K$61K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2303−0.223%$9.7M$6.4M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2304−0.186%$2.3M$1.9M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2303−0.230%$1.2M$990K20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2307−0.074%$431K$66K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2303−0.230%$3.1M$560K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2306−0.078%$2.0M$107K25xas long as short
Bitget SYRUPUSDTshort+0.0100%4h0.2303−0.230%$678K$431K20x
BingX SYRUP-USDT+0.0100%4h0.2305−0.160%$6.5Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2306−0.082%$166K$51Kas long as short
BloFin SYRUP-USDT+0.0132%4h0.2304−0.186%$466K$133K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2304−0.166%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0331% / S −0.1447%1h0.2304−0.197%$3K50xas long as short
Hyperliquid SYRUPlong+0.0346%1h0.2308long leg$5.9M$1.5M3x
Kraken Futures PF_SYRUPUSD+0.1421%1h0.2307−0.036%$42K$24K10xas long as short