Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.056%
Price spread now: Lighter against BloFin+0.109%90s7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as 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−$900.903% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.109%, 7d avg +0.127%
=Together, before fees+0.107%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.127%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 90 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 | 0.2203 | 0.0057 | pay 0.0028% / 4h | 51m 50s | $418K | $116K | 50x |
| Short | Lighter SYRUP | 0.2206 | 0.0096 | get 0.0012% / 1h | 51m 50s | $201K | $220K | 5x |
BloFin SYRUP-USDT
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $8.26
- Price spread: +0.109% → +0.127%
- −$1.85
- Slippage, 4 orders
- −$78.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$83.86
- Costs to cover
- 0.903%
- Break-even
- 78.1 days
Slippage from BloFin: live order book, 29 min ago; Lighter: live order book, 33 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, 29 min ago | 2.49 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 33 min ago | 16.32 bp | 31.8 bp −$32 | 556.4 bp −$5,564 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDTlong | +0.0057% | 4h | 0.2203 | long leg | $418K | $116K | 50x | |
| Lighter SYRUPshort | +0.0096% | 1h | 0.2206 | +0.109% | $201K | $220K | 5x | |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2207 | +0.150% | $5.5M | $1.9M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2200 | −0.162% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2202 | −0.055% | $9.0M | $7.4M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2204 | +0.027% | $2.1M | $2.5M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2202 | −0.064% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2204 | +0.023% | $405K | $62K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2203 | −0.018% | $2.9M | $410K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2204 | +0.032% | $1.9M | $155K | 25x | as long as short |
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 | 0.2205 | +0.073% | $698K | $484K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2205 | +0.059% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2201 | −0.125% | $157K | $24K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2203 | −0.039% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2203 | −0.004% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1619% | 1h | 0.2205 | +0.058% | $40K | $23K | 10x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD