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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1274%/8h= +139.5% APRnext payment +$1.59 per $10,000 · paid last 24h
Price spread now: Kraken Futures against Reya+0.069%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 +$38 a day on $10k at the current rate, and Kraken Futures is 0.069% dearer against Reya than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SYRUPRUSDPERP0.23010.0149pay 0.0019% / 1h18m 17s5x
ShortKraken Futures PF_SYRUPUSD0.23030.1423get 0.0178% / 1h18m 17s$41K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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
$267.62
Price spread: +0.069% → 0.000%
$6.86
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$258.48
Costs to cover
0.160%
Break-even
0.2 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell Kraken Futures no order-book sample
Reya and 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+0.0092%4h0.2299−0.114%$461K$132K50xas long as short
Lighter SYRUP+0.0096%1h0.2304+0.116%$209K$225K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2299−0.115%$13K$61K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2300−0.063%$9.6M$6.5M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2300−0.049%$2.3M$1.9M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2300−0.058%$1.2M$998K20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2299−0.106%$429K$67K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2298−0.145%$3.0M$578K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2308+0.268%$2.0M$109K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2301−0.014%$671K$439K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2299−0.084%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2304+0.106%$165K$51Kas long as short
Reya SYRUPRUSDPERPlong+0.0149%1h0.2301long leg5x
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2299−0.100%$3K50xas long as short
Hyperliquid SYRUP+0.0936%1h0.2304+0.103%$5.8M$1.5M3xas long as short
Kraken Futures PF_SYRUPUSDshort+0.1423%1h0.2303+0.069%$41K$23K10x