Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.138%
Price spread now: Lighter against Hyperliquid−0.116%7-day average −0.130% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.116%, 7d avg −0.130%
=Together, before fees−0.408%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$41 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SYRUP | 0.2239 | 0.0100 | pay 0.0013% / 1h | 37m 17s | $5.6M | $1.8M | 3x |
| Short | Lighter SYRUP | 0.2237 | 0.0096 | get 0.0012% / 1h | 37m 17s | $206K | $218K | 5x |
Hyperliquid SYRUP
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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: −0.116% → −0.130%
- $1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.45
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Lighter: live order book, 8 min ago. Net counts fees only.
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 Hyperliquid live order book, 5 min ago | 2.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 10.52 bp | 39.5 bp −$40 | 497.6 bp −$4,976 | 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 | 0.2237 | −0.116% | $206K | $218K | 5x | |
| Hyperliquid SYRUPlong | +0.0100% | 1h | 0.2239 | long leg | $5.6M | $1.8M | 3x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2232 | −0.323% | $14K | $66K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2235 | −0.205% | $9.2M | $7.0M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2235 | −0.183% | $2.2M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2234 | −0.241% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2232 | −0.313% | $413K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2234 | −0.241% | $2.9M | $422K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2240 | +0.045% | $1.9M | $151K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2237 | −0.107% | $699K | $498K | 20x | as long as short |
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2236 | −0.152% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2236 | −0.151% | $161K | $37K | — | as long as short |
| BloFin SYRUP-USDT | +0.0104% | 4h | 0.2233 | −0.295% | $439K | $126K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2236 | −0.155% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2236 | −0.168% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0829% | 1h | 0.2233 | −0.279% | $40K | $25K | 10x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD