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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.059%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$5895.893% of the position
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)+0.044%+$4 · spread now +0.059%, 7d avg +0.047%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SYRUP_USDT0.22040.0100pay 0.0100% / 8h7h 13m$405K$61K25x
ShortBybit SYRUPUSDT0.22050.0100get 0.0050% / 4h3h 13m$2.1M$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.059% → +0.047%
$1.16
Slippage, 4 orders
−$563.31
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$588.15
Costs to cover
5.893%
Break-even
never at this rate
Slippage from Gate: live order book, 17 min ago; Bybit: live order book, 3 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, 17 min ago12.55 bp163.6 bp −$164doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.72 bp29.5 bp −$30150.1 bp −$1,501doesn'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
Lighter SYRUP+0.0096%1h0.2207+0.141%$201K$220K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2205+0.029%$16K$75K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2203−0.063%$8.9M$7.1M25xas long as short
Bybit SYRUPUSDTshort+0.0100%4h0.2205+0.059%$2.1M$2.4M25x
OKX SYRUP-USDT-SWAP+0.0100%4h0.2203−0.045%$1.1M$1.0M20xas long as short
Gate SYRUP_USDTlong+0.0100%8h0.2204long leg$405K$61K25x
MEXC SYRUP_USDT+0.0100%4h0.2203−0.045%$2.9M$417K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2206+0.095%$1.9M$150K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2206+0.091%$700K$481K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2205+0.032%$6.6Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2205+0.051%$157K$24Kas long as short
BloFin SYRUP-USDT+0.0104%4h0.2204+0.009%$415K$134K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2203−0.044%5xas long as short
Hyperliquid SYRUP+0.0248%1h0.2208+0.197%$5.5M$1.8M3xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0313% / S −0.1301%1h0.2207+0.140%$2K50xas long as short
Kraken Futures PF_SYRUPUSD+1.4399%1h0.2205+0.051%$40K$17K10xas long as short