Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX+0.137%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1161.161% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.137%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.202% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SYRUP-USDT-SWAP | 0.2196 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $1.0M | $1.1M | 20x |
| Short | BloFin SYRUP-USDT | 0.2199 | 0.0120 | get 0.0060% / 4h | 2h 16m | $417K | $125K | 50x |
OKX SYRUP-USDT-SWAP
BloFin SYRUP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $4.27
- Price spread: +0.137% → −0.065%
- $20.19
- Slippage, 4 orders
- −$94.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.63
- Costs to cover
- 1.161%
- Break-even
- 157.1 days
Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago | 4.55 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.23 bp | 31.8 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0417% | 1h | 0.2198 | +0.079% | $39K | $24K | 10x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2201 | +0.237% | $205K | $220K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2201 | +0.232% | $5.4M | $1.9M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2198 | +0.102% | $14K | $69K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2198 | +0.073% | $8.9M | $7.6M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2199 | +0.150% | $2.2M | $2.6M | 25x | as long as short |
| OKX SYRUP-USDT-SWAPlong | +0.0100% | 4h | 0.2196 | long leg | $1.0M | $1.1M | 20x | |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2196 | −0.005% | $404K | $66K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2198 | +0.091% | $2.8M | $426K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2198 | +0.077% | $1.9M | $157K | 25x | as long as short |
Kraken Futures PF_SYRUPUSD
Lighter SYRUP
Hyperliquid SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2199 | +0.137% | $692K | $511K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2198 | +0.105% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2197 | +0.055% | $156K | $27K | — | as long as short |
| BloFin SYRUP-USDTshort | +0.0120% | 4h | 0.2199 | +0.137% | $417K | $125K | 50x | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2199 | +0.114% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2198 | +0.111% | $2K | — | 50x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]