SYRUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against KuCoin+0.540%560s7-day average −0.203% · you sell dearer than you buy

Net, funding: paid 7d − costs−$439as 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−$4374.368% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 3 days (all we have)−0.808%−$81 · spread now +0.540%, 7d avg −0.203%

Together, before fees−0.830%−$83 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: BloFin is 0.743% dearer against KuCoin than usual: you sell high and buy low, +$74 on $10k if it goes back to its 7-day average of −0.203%. The two prices were read 560 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	KuCoin SYRUPUSDTM	0.2261	0.0100	pay 0.0050% / 4h	2h 39m	$2.0M	$115K	25x
Short	BloFin SYRUP-USDT	0.2273	0.0093	get 0.0046% / 4h	2h 39m	$454K	$128K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.540%Rate

Funding earned: −$1.56
Price spread: +0.540% → −0.203%: $74.28
Slippage, 4 orders: −$412.84
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$364.12
Costs to cover: 4.368%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 26 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 KuCoin live order book, 1 min ago	15.44 bp	147.4 bp −$147	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.44 bp	8.4 bp −$8	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
BloFin SYRUP-USDTshort	+0.0093%	4h	0.2273	+0.540%	$454K	$128K	50x
Lighter SYRUP	+0.0096%	1h	0.2257	−0.199%	$208K	$218K	5x	as long as short
Aster SYRUPUSDT	+0.0100%	4h	0.2253	−0.347%	$14K	$65K	10x	as long as short
Binance SYRUPUSDT	+0.0100%	4h	0.2252	−0.406%	$9.3M	$6.9M	25x	as long as short
Bybit SYRUPUSDT	+0.0100%	4h	0.2252	−0.389%	$2.2M	$2.1M	25x	as long as short
OKX SYRUP-USDT-SWAP	+0.0100%	4h	0.2252	−0.407%	$1.1M	$1.1M	20x	as long as short
Gate SYRUP_USDT	+0.0100%	8h	0.2252	−0.407%	$418K	$67K	25x	as long as short
MEXC SYRUP_USDT	+0.0100%	4h	0.2253	−0.363%	$2.9M	$421K	100x	as long as short
KuCoin SYRUPUSDTMlong	+0.0100%	4h	0.2261	long leg	$2.0M	$115K	25x
Bitget SYRUPUSDT	+0.0100%	4h	0.2252	−0.407%	$653K	$454K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SYRUP-USDT	+0.0100%	4h	0.2253	−0.385%	—	$6.5M	—	as long as short
Variational Omni SYRUP	+0.0100%	4h	0.2258	−0.157%	$162K	$47K	—	as long as short
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2252	−0.413%	—	—	5x	as long as short
Hyperliquid SYRUP	+0.0177%	1h	0.2258	−0.159%	$5.7M	$1.8M	3x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0329% / S −0.1447%	1h	0.2253	−0.381%	$3K	—	50x	as long as short
Kraken Futures PF_SYRUPUSD	+0.1021%	1h	0.2250	−0.482%	$41K	$25K	10x	as long as short