Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.062%
Price spread now: BloFin against Lighter−0.121%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.121%, 7d avg −0.117%
=Together, before fees−0.050%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.117%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2312 | 0.0096 | pay 0.0012% / 1h | 1m 21s | $210K | $220K | 5x |
| Short | BloFin SYRUP-USDT | 0.2309 | 0.0044 | get 0.0022% / 4h | 1m 21s | $457K | $135K | 50x |
Lighter SYRUP
BloFin SYRUP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- −$10.9
- Price spread: −0.121% → −0.117%
- −$0.4
- Slippage, 4 orders
- −$74.16
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.46
- Costs to cover
- 0.862%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 59 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 59 min ago | 13.89 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 1.73 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDTshort | +0.0044% | 4h | 0.2309 | −0.121% | $457K | $135K | 50x | |
| Lighter SYRUPlong | +0.0096% | 1h | 0.2312 | long leg | $210K | $220K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.204% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.193% | $9.6M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.164% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2307 | −0.229% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2306 | −0.268% | $429K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2307 | −0.229% | $3.0M | $583K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2311 | −0.074% | $2.0M | $110K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2309 | −0.143% | $680K | $454K | 20x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2309 | −0.156% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2309 | −0.141% | $166K | $46K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2308 | −0.168% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2308 | −0.198% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0682% | 1h | 0.2312 | +0.006% | $42K | $23K | 10x | as long as short |
| Hyperliquid SYRUP | +0.1049% | 1h | 0.2312 | −0.026% | $5.9M | $1.6M | 3x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD
Hyperliquid SYRUP