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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.055%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.055%, 7d avg +0.081%
Together, before fees+0.013%+$1 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: Bybit is 0.025% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYRUP_USDT0.21730.0100pay 0.0050% / 4h52m 30s$3.0M$396K100x
ShortBybit SYRUPUSDT0.21740.0100get 0.0050% / 4h52m 30s$2.1M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: +0.055% → +0.081%
−$2.54
Slippage, 4 orders
−$54.49
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.02
Costs to cover
0.735%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 2 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 MEXC live order book, 3 min ago2.30 bp9.5 bp −$961.1 bp −$611303.6 bp −$30.4Kdoesn't fit
Sell Bybit live order book, 2 min ago0.92 bp21.1 bp −$21150.6 bp −$1,506doesn't fitdoesn't fit

SYRUP on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SYRUP-USDT+0.0054%4h0.2172−0.028%$409K$152K50xas long as short
Lighter SYRUP+0.0096%1h0.2177+0.193%$198K$177K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2173+0.021%$16K$36K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2174+0.028%$8.7M$6.6M25xas long as short
Bybit SYRUPUSDTshort+0.0100%4h0.2174+0.055%$2.1M$2.3M25x
OKX SYRUP-USDT-SWAP+0.0100%4h0.2175+0.092%$1.0M$951K20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2174+0.060%$399K$53K25xas long as short
MEXC SYRUP_USDTlong+0.0100%4h0.2173long leg$3.0M$396K100x
KuCoin SYRUPUSDTM+0.0100%4h0.2175+0.083%$1.8M$121K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2175+0.092%$682K$451K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2174+0.051%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2174+0.026%$157K$20Kas long as short
Hyperliquid SYRUP+0.0101%1h0.2178+0.212%$5.5M$1.6M3xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2174+0.030%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0339% / S −0.1589%1h0.2174+0.051%$3K50xas long as short
Kraken Futures PF_SYRUPUSD+1.3764%1h0.2170−0.127%$42K$19K10xas long as short