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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0581%/8h= +63.6% APRpaid last 24h +1.014%
Price spread now: Kraken Futures against OKX+0.298%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.298% dearer against OKX than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SYRUP-USDT-SWAP0.23080.0100pay 0.0050% / 4h46m 57s$1.2M$1.0M20x
ShortKraken Futures PF_SYRUPUSD0.23150.0681get 0.0085% / 1h46m 57s$42K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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
$121.98
Price spread: +0.298% → 0.000%
$29.79
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$131.77
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: OKX: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago2.16 bp34.7 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SYRUP on 16 venues

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+0.0044%4h0.2307−0.039%$459K$133K50xas long as short
Lighter SYRUP+0.0096%1h0.2311+0.143%$210K$220K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2308−0.020%$13K$62K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2309+0.043%$9.6M$6.6M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2310+0.074%$2.3M$1.9M25xas long as short
OKX SYRUP-USDT-SWAPlong+0.0100%4h0.2308long leg$1.2M$1.0M20x
Gate SYRUP_USDT+0.0100%8h0.2307−0.035%$430K$68K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.23080.000%$3.0M$581K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2315+0.316%$2.0M$108K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2309+0.043%$671K$441K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2310+0.100%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2309+0.055%$166K$51Kas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2307−0.026%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2305−0.110%$3K50xas long as short
Kraken Futures PF_SYRUPUSDshort+0.0681%1h0.2315+0.298%$42K$23K10x
Hyperliquid SYRUP+0.1046%1h0.2313+0.224%$5.9M$1.5M3xas long as short