Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.040%
Price spread now: OKX against Lighter−0.159%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now −0.159%, 7d avg −0.076%
=Together, before fees−0.205%+ Points / potential airdropLighter: Season 3 · farm board−$21 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: OKX is 0.083% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2195 | 0.0096 | pay 0.0012% / 1h | 11m 05s | $200K | $177K | 5x |
| Short | OKX SYRUP-USDT-SWAP | 0.2192 | 0.0100 | get 0.0050% / 4h | 11m 05s | $1.1M | $957K | 20x |
Lighter SYRUP
OKX SYRUP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.159% → −0.076%
- −$8.34
- Slippage, 4 orders
- −$95.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$113.3
- Costs to cover
- 1.058%
- Break-even
- 951.1 days
Slippage from Lighter: live order book, 12 min ago; OKX: live order book, 3 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, 12 min ago | 14.41 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.56 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SYRUP on 16 exchanges
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 | 0.2195 | long leg | $200K | $177K | 5x | |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2197 | +0.046% | $5.5M | $1.6M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2192 | −0.161% | $16K | $36K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2192 | −0.181% | $8.8M | $6.6M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2194 | −0.064% | $2.1M | $2.3M | 25x | as long as short |
| OKX SYRUP-USDT-SWAPshort | +0.0100% | 4h | 0.2192 | −0.159% | $1.1M | $957K | 20x | |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2192 | −0.182% | $403K | $53K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2192 | −0.159% | $3.0M | $401K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2201 | +0.237% | $1.9M | $117K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2193 | −0.114% | $688K | $422K | 20x | as long as short |
Hyperliquid SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2193 | −0.114% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2190 | −0.243% | $158K | $20K | — | as long as short |
| BloFin SYRUP-USDT | +0.0145% | 4h | 0.2192 | −0.173% | $408K | $153K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2192 | −0.155% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0340% / S −0.1589% | 1h | 0.2193 | −0.128% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +1.3639% | 1h | 0.2190 | −0.244% | $42K | $19K | 10x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD