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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against KuCoin−0.212%110s7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$716as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7147.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.212%, 7d avg −0.207%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SYRUPUSDTM0.22180.0100pay 0.0050% / 4h3h 01m$1.9M$150K25x
ShortBloFin SYRUP-USDT0.22130.0098get 0.0049% / 4h3h 01m$416K$157K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$0.41
Price spread: −0.212% → −0.207%
−$0.48
Slippage, 4 orders
−$690.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$715.18
Costs to cover
7.143%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 9 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 ago33.37 bp294.2 bp −$294doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago11.57 bp21.7 bp −$2258.4 bp −$584doesn'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%1h0.2213−0.225%$202K$220K5xas long as short
BloFin SYRUP-USDTshort+0.0098%4h0.2213−0.212%$416K$157K50x
Aster SYRUPUSDT+0.0100%4h0.2210−0.361%$16K$75K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2209−0.412%$8.9M$7.1M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2209−0.392%$2.1M$2.4M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2208−0.442%$1.1M$1.1M20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2209−0.388%$406K$61K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2209−0.397%$2.9M$419K100xas long as short
KuCoin SYRUPUSDTMlong+0.0100%4h0.2218long leg$1.9M$150K25x
Bitget SYRUPUSDT+0.0100%4h0.2211−0.307%$702K$488K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2210−0.334%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2210−0.330%$158K$24Kas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2208−0.430%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0313% / S −0.1301%1h0.2209−0.399%$2K50xas long as short
Hyperliquid SYRUP+0.0406%1h0.2215−0.110%$5.6M$1.8M3xas long as short
Kraken Futures PF_SYRUPUSD+1.4382%1h0.2208−0.450%$40K$17K10xas long as short