Funding you earn now, next payment 09:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h —
Price spread now: Binance against Reya−0.083%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.083% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SYRUPRUSDPERP | 0.2206 | 0.0149 | pay 0.0019% / 1h | 19m 30s | — | — | 5x |
| Short | Binance SYRUPUSDT | 0.2204 | 0.0100 | get 0.0050% / 4h | 3h 19m | $8.9M | $7.2M | 25x |
Reya SYRUPRUSDPERP
Binance SYRUPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Reya. 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
- −$10.28
- Price spread: −0.083% → 0.000%
- −$8.31
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.58
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 3.86 bp | 34.1 bp −$34 | 106.5 bp −$1,065 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0053% | 4h | 0.2204 | −0.100% | $417K | $135K | 50x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2208 | +0.099% | $201K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2204 | −0.117% | $16K | $75K | 10x | as long as short |
| Binance SYRUPUSDTshort | +0.0100% | 4h | 0.2204 | −0.083% | $8.9M | $7.2M | 25x | |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2207 | +0.009% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2207 | +0.031% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2202 | −0.182% | $405K | $61K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2203 | −0.150% | $2.9M | $416K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2208 | +0.095% | $1.9M | $150K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2207 | +0.031% | $700K | $485K | 20x | as long as short |
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2204 | −0.100% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2207 | +0.024% | $157K | $24K | — | as long as short |
| Reya SYRUPRUSDPERPlong | +0.0149% | 1h | 0.2206 | long leg | — | — | 5x | |
| Hyperliquid SYRUP | +0.0238% | 1h | 0.2209 | +0.140% | $5.5M | $1.8M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2206 | −0.010% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +1.4413% | 1h | 0.2203 | −0.149% | $40K | $17K | 10x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD