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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h
Price spread now: Reya against OKX+0.028%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Reya is 0.028% dearer against OKX than usual: you sell high and buy low: +$3 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-SWAP0.22980.0100pay 0.0050% / 4h3h 38m$1.2M$1.1M20x
ShortReya SYRUPRUSDPERP0.22990.0149get 0.0019% / 1h38m 03s5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$10.28
Price spread: +0.028% → 0.000%
$2.83
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$2.9
Costs to cover
0.160%
Break-even
9.0 days
Slippage unknown: OKX: live order book, 3 min ago; Reya: 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, 3 min ago4.34 bp31.0 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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+0.0087%4h0.2301+0.131%$457K$133K50xas long as short
Lighter SYRUP+0.0096%1h0.2303+0.226%$209K$217K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2299+0.043%$14K$63K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2297−0.023%$9.6M$6.8M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2300+0.074%$2.3M$2.0M25xas long as short
OKX SYRUP-USDT-SWAPlong+0.0100%4h0.2298long leg$1.2M$1.1M20x
Gate SYRUP_USDT+0.0100%8h0.2300+0.087%$428K$68K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.22980.000%$3.0M$579K100xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2300+0.087%$677K$450K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2299+0.030%$6.5Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2304+0.256%$166K$46Kas long as short
Reya SYRUPRUSDPERPshort+0.0149%1h0.2299+0.028%5x
KuCoin SYRUPUSDTM+0.0174%4h0.2308+0.435%$2.0M$112K25xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2298+0.020%$3K50xas long as short
Hyperliquid SYRUP+0.0463%1h0.2303+0.200%$5.8M$1.6M3xas long as short
Kraken Futures PF_SYRUPUSD+0.1571%1h0.2300+0.097%$41K$23K10xas long as short