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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.177%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$607as in the Price arb table
costs, in and out, $10k−$6056.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.182%−$18 · spread now −0.177%, 7d avg −0.157%
Together, before fees−0.187%−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SYRUPUSDTM0.22030.0100pay 0.0050% / 4h2h 20m$1.9M$157K25x
ShortBitget SYRUPUSDT0.21990.0100get 0.0050% / 4h2h 20m$692K$511K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.177% → −0.157%
−$1.97
Slippage, 4 orders
−$581.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$607.04
Costs to cover
6.051%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 25 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 KuCoin live order book, 5 min ago27.64 bp244.7 bp −$245doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 25 min ago9.09 bp24.3 bp −$2485.5 bp −$855doesn'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−0.0417%1h0.2195−0.363%$39K$24K10xas long as short
Lighter SYRUP+0.0096%1h0.2198−0.209%$205K$220K5xas long as short
BloFin SYRUP-USDT+0.0099%4h0.2195−0.372%$419K$125K50xas long as short
Aster SYRUPUSDT+0.0100%4h0.2192−0.515%$14K$69K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2196−0.316%$8.9M$7.6M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2199−0.191%$2.1M$2.6M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2195−0.359%$1.0M$1.1M20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2193−0.427%$404K$66K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2196−0.313%$2.8M$426K100xas long as short
KuCoin SYRUPUSDTMlong+0.0100%4h0.2203long leg$1.9M$157K25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYRUPUSDTshort+0.0100%4h0.2199−0.177%$692K$511K20x
BingX SYRUP-USDT+0.0100%4h0.2193−0.436%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2197−0.258%$156K$27Kas long as short
Hyperliquid SYRUP+0.0129%1h0.2198−0.204%$5.4M$1.9M3xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2197−0.262%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0314% / S −0.1301%1h0.2197−0.279%$2K50xas long as short