Funding arb · Price arb /

SYRUP

all SYRUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Gate−0.013%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$361as in the Funding arb table

Net, price: spread back to 7d avg − costs−$364as in the Price arb table

costs, in and out, $10k−$3613.613% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.013%, 7d avg +0.015%

Together, before fees−0.063%−$6 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: Bitget is 0.028% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SYRUP_USDT	0.2299	0.0100	pay 0.0100% / 8h	1h 34m	$429K	$67K	25x
Short	Bitget SYRUPUSDT	0.2299	0.0100	get 0.0050% / 4h	1h 34m	$676K	$432K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.015%: −$2.8
Slippage, 4 orders: −$334.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$364.11
Costs to cover: 3.613%
Break-even: never at this rate

Slippage from Gate: live order book, 46 min ago; Bitget: live order book, 45 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, 46 min ago	25.73 bp	196.4 bp −$196	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 45 min ago	10.70 bp	28.0 bp −$28	92.1 bp −$921	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-USDT	+0.0042%	4h	0.2300	+0.048%	$462K	$132K	50x	as long as short
Lighter SYRUP	+0.0096%	1h	0.2305	+0.261%	$209K	$225K	5x	as long as short
Aster SYRUPUSDT	+0.0100%	4h	0.2301	+0.077%	$12K	$61K	10x	as long as short
Binance SYRUPUSDT	+0.0100%	4h	0.2300	+0.022%	$9.6M	$6.5M	25x	as long as short
Bybit SYRUPUSDT	+0.0100%	4h	0.2299	−0.004%	$2.3M	$1.9M	25x	as long as short
OKX SYRUP-USDT-SWAP	+0.0100%	4h	0.2299	−0.013%	$1.2M	$992K	20x	as long as short
Gate SYRUP_USDTlong	+0.0100%	8h	0.2299	long leg	$429K	$67K	25x
MEXC SYRUP_USDT	+0.0100%	4h	0.2300	+0.030%	$3.1M	$561K	100x	as long as short
KuCoin SYRUPUSDTM	+0.0100%	4h	0.2309	+0.444%	$2.0M	$107K	25x	as long as short
Bitget SYRUPUSDTshort	+0.0100%	4h	0.2299	−0.013%	$676K	$432K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SYRUP-USDT	+0.0100%	4h	0.2299	0.000%	—	$6.5M	—	as long as short
Variational Omni SYRUP	+0.0100%	4h	0.2301	+0.082%	$166K	$51K	—	as long as short
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2301	+0.066%	—	—	5x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0330% / S −0.1447%	1h	0.2301	+0.067%	$3K	—	50x	as long as short
Hyperliquid SYRUP	+0.0666%	1h	0.2304	+0.209%	$5.8M	$1.5M	3x	as long as short
Kraken Futures PF_SYRUPUSD	+0.1424%	1h	0.2302	+0.107%	$41K	$23K	10x	as long as short