Funding you earn now, next payment 01:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h —
Price spread now: BloFin against Reya−0.038%7-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 −$2 a day on $10k at the current rate, and BloFin is 0.038% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SYRUPRUSDPERP | 0.2295 | 0.0149 | pay 0.0019% / 1h | 7m 07s | — | — | 5x |
| Short | BloFin SYRUP-USDT | 0.2294 | 0.0091 | get 0.0046% / 4h | 3h 07m | $455K | $130K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$12.14
- Price spread: −0.038% → 0.000%
- −$3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 64 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 BloFin live order book, 64 min ago | 1.73 bp | 11.1 bp −$11 | doesn't fit | 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-USDTshort | +0.0091% | 4h | 0.2294 | −0.038% | $455K | $130K | 50x | |
| Lighter SYRUP | +0.0096% | 1h | 0.2298 | +0.153% | $209K | $217K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2296 | +0.044% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2293 | −0.078% | $9.5M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2294 | −0.034% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2297 | +0.092% | $1.2M | $1.0M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2296 | +0.053% | $427K | $68K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2293 | −0.082% | $3.0M | $581K | 100x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2296 | +0.049% | $668K | $444K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2294 | −0.034% | — | $6.5M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2297 | +0.102% | $166K | $46K | — | as long as short |
| KuCoin SYRUPUSDTM | +0.0124% | 4h | 0.2302 | +0.306% | $2.0M | $112K | 25x | as long as short |
| Reya SYRUPRUSDPERPlong | +0.0149% | 1h | 0.2295 | long leg | — | — | 5x | |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2294 | −0.019% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0843% | 1h | 0.2300 | +0.214% | $5.9M | $1.6M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1573% | 1h | 0.2298 | +0.129% | $41K | $23K | 10x | as long as short |
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
KuCoin SYRUPUSDTM
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD