Funding you earn now, next payment 22:00 UTC−0.0871%/8h= −95.4% APRpaid last 24h −1.120%
Price spread now: BingX against Kraken Futures+0.073%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.073% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SYRUPUSD | 0.2327 | 0.0971 | pay 0.0121% / 1h | 27m 25s | $42K | $24K | 10x |
| Short | BingX SYRUP-USDT | 0.2329 | 0.0100 | get 0.0050% / 4h | 2h 27m | — | $6.5M | — |
Kraken Futures PF_SYRUPUSD
BingX SYRUP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$182.88
- Price spread: +0.073% → 0.000%
- $7.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$195.57
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 4.98 bp | 33.8 bp −$34 | 83.6 bp −$836 | 574.7 bp −$57.5K | 1115.6 bp −$557.8K |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2331 | +0.176% | $211K | $225K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2328 | +0.043% | $11K | $61K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2329 | +0.090% | $9.8M | $6.3M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2330 | +0.112% | $2.4M | $1.8M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2329 | +0.086% | $1.2M | $987K | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2329 | +0.064% | $436K | $66K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2327 | 0.000% | $3.2M | $566K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2329 | +0.064% | $2.0M | $107K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2330 | +0.129% | $699K | $424K | 20x | as long as short |
| BingX SYRUP-USDTshort | +0.0100% | 4h | 0.2329 | +0.073% | — | $6.5M | — |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2301 | −1.126% | $165K | $48K | — | as long as short |
| BloFin SYRUP-USDT | +0.0117% | 4h | 0.2326 | −0.026% | $468K | $133K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2329 | +0.072% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0332% / S −0.1447% | 1h | 0.2328 | +0.064% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSDlong | +0.0971% | 1h | 0.2327 | long leg | $42K | $24K | 10x | |
| Hyperliquid SYRUP | +0.1239% | 1h | 0.2335 | +0.344% | $5.9M | $1.4M | 3x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP