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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.002%
Price spread now: BloFin against Gate+0.063%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5295.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.063%, 7d avg −0.032%
Together, before fees−0.345%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.095% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SYRUP_USDT0.22140.0100pay 0.0100% / 8h4h 18m$408K$70K25x
ShortBloFin SYRUP-USDT0.22160.0105get 0.0053% / 4h18m 56s$428K$128K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$1.07
Price spread: +0.063% → −0.032%
$9.54
Slippage, 4 orders
−$502.19
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$518.57
Costs to cover
5.292%
Break-even
3392.1 days
Slippage from Gate: live order book, 36 min ago; BloFin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 36 min ago15.53 bp100.9 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago0.23 bp28.5 bp −$29doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_SYRUPUSD−0.0802%1h0.2218+0.186%$40K$24K10xas long as short
Lighter SYRUP+0.0096%1h0.2219+0.221%$205K$219K5xas long as short
Hyperliquid SYRUP+0.0100%1h0.2221+0.330%$5.5M$1.9M3xas long as short
Aster SYRUPUSDT+0.0100%4h0.2215+0.041%$14K$69K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2215+0.044%$9.0M$7.3M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2215+0.059%$2.2M$2.1M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2214−0.009%$1.1M$1.1M20xas long as short
Gate SYRUP_USDTlong+0.0100%8h0.2214long leg$408K$70K25x
MEXC SYRUP_USDT+0.0100%4h0.2216+0.081%$2.8M$425K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2220+0.239%$1.9M$152K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYRUPUSDT+0.0100%4h0.2217+0.126%$699K$508K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2216+0.068%$6.6Mas long as short
Variational Omni SYRUP+0.0100%4h0.2218+0.164%$158K$31Kas long as short
BloFin SYRUP-USDTshort+0.0105%4h0.2216+0.063%$428K$128K50x
Reya SYRUPRUSDPERP+0.0149%1h0.2216+0.092%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0329% / S −0.1447%1h0.2216+0.070%$3K50xas long as short