Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.066%
Price spread now: Gate against Lighter−0.121%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3623.617% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.121%, 7d avg −0.093%
=Together, before fees−0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.028% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2314 | 0.0096 | pay 0.0012% / 1h | 54m 14s | $210K | $225K | 5x |
| Short | Gate SYRUP_USDT | 0.2311 | 0.0100 | get 0.0100% / 8h | 1h 54m | $431K | $66K | 25x |
Lighter SYRUP
Gate SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0.84
- Price spread: −0.121% → −0.093%
- −$2.84
- Slippage, 4 orders
- −$346.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$363.74
- Costs to cover
- 3.617%
- Break-even
- 3038.1 days
Slippage from Lighter: live order book, 20 min ago; Gate: live order book, 26 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, 20 min ago | 15.18 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 25.73 bp | 113.0 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUPlong | +0.0096% | 1h | 0.2314 | long leg | $210K | $225K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2311 | −0.098% | $12K | $61K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2309 | −0.219% | $9.7M | $6.4M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2311 | −0.121% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2310 | −0.160% | $1.2M | $992K | 20x | as long as short |
| Gate SYRUP_USDTshort | +0.0100% | 8h | 0.2311 | −0.121% | $431K | $66K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2309 | −0.203% | $3.1M | $560K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2317 | +0.156% | $2.0M | $107K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2309 | −0.203% | $682K | $430K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2310 | −0.151% | — | $6.5M | — | as long as short |
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2310 | −0.142% | $166K | $51K | — | as long as short |
| BloFin SYRUP-USDT | +0.0138% | 4h | 0.2310 | −0.177% | $468K | $134K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2310 | −0.152% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2309 | −0.182% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0416% | 1h | 0.2315 | +0.039% | $5.9M | $1.5M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1418% | 1h | 0.2311 | −0.115% | $42K | $24K | 10x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD