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: KuCoin against MEXC+0.083%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs−$807as in the Funding arb table
Net, price: spread back to 7d avg − costs−$822as in the Price arb table
costs, in and out, $10k−$8088.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days+0.188%+$19 · spread now +0.083%, 7d avg +0.219%
Together, before fees+0.203%+$20 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: KuCoin is 0.136% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.219%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYRUP_USDT0.21780.0100pay 0.0050% / 4h1h 27m$3.0M$402K100x
ShortKuCoin SYRUPUSDTM0.21800.0100get 0.0050% / 4h1h 27m$1.8M$123K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.083% → +0.219%
−$13.62
Slippage, 4 orders
−$788.44
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$822.06
Costs to cover
8.084%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: 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 ago4.58 bp11.8 bp −$1262.0 bp −$620293.5 bp −$29.4Kdoesn't fit
Sell KuCoin live order book, 2 min ago29.04 bp382.4 bp −$382doesn't fitdoesn'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+0.0067%4h0.2180+0.106%$413K$152K50xas long as short
Lighter SYRUP+0.0096%1h0.2182+0.188%$199K$186K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2178−0.008%$16K$75K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2178−0.005%$8.8M$6.6M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2179+0.046%$2.1M$2.3M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2181+0.138%$1.0M$959K20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2178−0.018%$400K$54K25xas long as short
MEXC SYRUP_USDTlong+0.0100%4h0.2178long leg$3.0M$402K100x
KuCoin SYRUPUSDTMshort+0.0100%4h0.2180+0.083%$1.8M$123K25x
Bitget SYRUPUSDT+0.0100%4h0.2181+0.138%$683K$458K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2179+0.064%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2183+0.222%$156K$18Kas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2177−0.025%5xas long as short
Hyperliquid SYRUP+0.0161%1h0.2181+0.156%$5.5M$1.7M3xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0340% / S −0.1589%1h0.2182+0.200%$3K50xas long as short
Kraken Futures PF_SYRUPUSD+1.3990%1h0.2176−0.096%$42K$19K10xas long as short