Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h —
Price spread now: Gate against Reya−0.086%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 −$1 a day on $10k at the current rate, and Gate is 0.086% cheaper against Reya than usual: you would sell low and buy high (−$9 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 | 0.2308 | 0.0149 | pay 0.0019% / 1h | 3m 35s | — | — | 5x |
| Short | Gate SYRUP_USDT | 0.2306 | 0.0100 | get 0.0100% / 8h | 3m 35s | $429K | $69K | 25x |
Reya SYRUPRUSDPERP
Gate SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.086% → 0.000%
- −$8.56
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.84
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 7 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 Gate live order book, 7 min ago | 17.33 bp | 221.3 bp −$221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2313 | +0.196% | $210K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.025% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2307 | −0.059% | $9.6M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2309 | +0.010% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2308 | −0.016% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDTshort | +0.0100% | 8h | 0.2306 | −0.086% | $429K | $69K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2307 | −0.060% | $3.0M | $583K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2317 | +0.374% | $2.0M | $110K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.016% | $680K | $454K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2308 | −0.003% | — | $6.5M | — | as long as short |
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2305 | −0.129% | $166K | $46K | — | as long as short |
| BloFin SYRUP-USDT | +0.0130% | 4h | 0.2306 | −0.094% | $456K | $135K | 50x | as long as short |
| Reya SYRUPRUSDPERPlong | +0.0149% | 1h | 0.2308 | long leg | — | — | 5x | |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2308 | −0.018% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0682% | 1h | 0.2311 | +0.129% | $42K | $23K | 10x | as long as short |
| Hyperliquid SYRUP | +0.1070% | 1h | 0.2312 | +0.144% | $5.9M | $1.6M | 3x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD
Hyperliquid SYRUP