Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.003%
Price spread now: Gate against BloFin−0.087%93s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$560as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5615.612% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.087%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SYRUP-USDT | 0.2185 | 0.0131 | pay 0.0066% / 4h | 21m 37s | $418K | $135K | 50x |
| Short | Gate SYRUP_USDT | 0.2184 | 0.0100 | get 0.0100% / 8h | 21m 37s | $401K | $62K | 25x |
BloFin SYRUP-USDT
Gate SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$6.59
- Price spread: −0.087% → +0.030%
- −$11.74
- Slippage, 4 orders
- −$534.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$579.53
- Costs to cover
- 5.612%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 59 min ago; Gate: live order book, 14 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 BloFin live order book, 59 min ago | 2.49 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 12.55 bp | 395.2 bp −$395 | doesn't fit | 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 SYRUP | +0.0096% | 1h | 0.2188 | +0.133% | $199K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2185 | −0.001% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2186 | +0.004% | $8.9M | $7.3M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2187 | +0.055% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2186 | +0.023% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDTshort | +0.0100% | 8h | 0.2184 | −0.087% | $401K | $62K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2185 | −0.023% | $2.9M | $412K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2193 | +0.357% | $1.8M | $153K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2188 | +0.114% | $699K | $482K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2185 | −0.005% | — | $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 | 0.2187 | +0.057% | $156K | $24K | — | as long as short |
| Hyperliquid SYRUP | +0.0121% | 1h | 0.2190 | +0.191% | $5.4M | $1.8M | 3x | as long as short |
| BloFin SYRUP-USDTlong | +0.0131% | 4h | 0.2185 | long leg | $418K | $135K | 50x | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2186 | +0.028% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2186 | +0.022% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1634% | 1h | 0.2184 | −0.074% | $40K | $20K | 10x | as long as short |
Variational Omni SYRUP
Hyperliquid SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD