Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.053%
Price spread now: Lighter against Gate+0.334%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$566as in the Funding arb table
Net, price: spread back to 7d avg − costs−$550as in the Price arb table
costs, in and out, $10k−$5735.735% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.334%, 7d avg +0.101%
=Together, before fees−0.104%+ Points / potential airdropLighter: Season 3 · farm board−$10 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: Lighter is 0.233% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SYRUP_USDT | 0.2186 | 0.0100 | pay 0.0100% / 8h | 18m 48s | $402K | $62K | 25x |
| Short | Lighter SYRUP | 0.2193 | 0.0096 | get 0.0012% / 1h | 18m 48s | $200K | $220K | 5x |
Gate SYRUP_USDT
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$0.84
- Price spread: +0.334% → +0.101%
- $23.29
- Slippage, 4 orders
- −$558.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$551.03
- Costs to cover
- 5.735%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Lighter: live order book, 1 min ago.
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 Gate live order book, 17 min ago | 12.55 bp | 124.3 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 18.69 bp | 34.9 bp −$35 | 549.6 bp −$5,496 | doesn't fit | doesn't fit |
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 SYRUPshort | +0.0096% | 1h | 0.2193 | +0.334% | $200K | $220K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2186 | +0.009% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2189 | +0.137% | $8.9M | $7.3M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2189 | +0.142% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2188 | +0.096% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDTlong | +0.0100% | 8h | 0.2186 | long leg | $402K | $62K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2189 | +0.142% | $2.9M | $412K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2188 | +0.091% | $1.8M | $153K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2192 | +0.279% | $700K | $481K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2187 | +0.064% | — | $6.6M | — | as long as short |
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 | 0.2186 | −0.015% | $156K | $24K | — | as long as short |
| BloFin SYRUP-USDT | +0.0102% | 4h | 0.2185 | −0.018% | $418K | $135K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2189 | +0.139% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0152% | 1h | 0.2195 | +0.435% | $5.4M | $1.8M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2189 | +0.151% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1631% | 1h | 0.2188 | +0.090% | $40K | $20K | 10x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD