Funding you earn now, next payment 04:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h —
Price spread now: Variational Omni against Reya+0.054%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.054% dearer against Reya than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SYRUPRUSDPERP | 0.2217 | 0.0149 | pay 0.0019% / 1h | 49m 42s | — | — | 5x |
| Short | Variational Omni SYRUP | 0.2218 | 0.0100 | get 0.0050% / 4h | 49m 42s | $159K | $30K | — |
Reya SYRUPRUSDPERP
Variational Omni SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.054% → 0.000%
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.88
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 9 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 Variational Omni RFQ quote, 9 min ago | 6.75 bp | doesn't fit | 168.7 bp −$1,687 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0802% | 1h | 0.2220 | +0.149% | $40K | $24K | 10x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2216 | −0.044% | $204K | $218K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2215 | −0.107% | $5.5M | $1.9M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2216 | −0.022% | $14K | $68K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2211 | −0.247% | $9.1M | $7.1M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2213 | −0.197% | $2.2M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2211 | −0.265% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2216 | −0.053% | $410K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2212 | −0.219% | $2.8M | $423K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2219 | +0.092% | $1.9M | $152K | 25x | as long as short |
Kraken Futures PF_SYRUPUSD
Lighter SYRUP
Hyperliquid SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2212 | −0.219% | $698K | $507K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2215 | −0.107% | — | $6.5M | — | as long as short |
| Variational Omni SYRUPshort | +0.0100% | 4h | 0.2218 | +0.054% | $159K | $30K | — | |
| Reya SYRUPRUSDPERPlong | +0.0149% | 1h | 0.2217 | long leg | — | — | 5x | |
| BloFin SYRUP-USDT | +0.0153% | 4h | 0.2221 | +0.173% | $436K | $129K | 50x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0329% / S −0.1447% | 1h | 0.2218 | +0.047% | $3K | — | 50x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
BloFin SYRUP-USDT
GMX SYRUP/USD [ETH-USDC]