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

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.053%
Price spread now: Aster against Lighter−0.184%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.184% cheaper against Lighter than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SYRUP0.22030.0096pay 0.0012% / 1h46m 14s$201K$220K5x
ShortAster SYRUPUSDT0.21980.0100get 0.0050% / 4h3h 46m$14K$73K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$0.84
Price spread: −0.184% → 0.000%
−$18.44
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.6
Costs to cover
0.080%
Break-even
220.3 days
Slippage unknown: Lighter: live order book, 34 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 34 min ago18.69 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SYRUPlong+0.0096%1h0.2203long leg$201K$220K5x
Aster SYRUPUSDTshort+0.0100%4h0.2198−0.184%$14K$73K10x
Binance SYRUPUSDT+0.0100%4h0.2199−0.139%$8.9M$7.2M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2201−0.086%$2.1M$2.4M25xas long as short
OKX SYRUP-USDT-SWAP+0.0100%4h0.2201−0.068%$1.1M$1.1M20xas long as short
Gate SYRUP_USDT+0.0100%8h0.2197−0.254%$404K$60K25xas long as short
MEXC SYRUP_USDT+0.0100%4h0.2199−0.159%$2.9M$414K100xas long as short
KuCoin SYRUPUSDTM+0.0100%4h0.2202−0.041%$1.9M$152K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.2200−0.114%$703K$479K20xas long as short
BingX SYRUP-USDT+0.0100%4h0.2200−0.100%$6.5Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SYRUP+0.0100%4h0.2199−0.169%$156K$24Kas long as short
BloFin SYRUP-USDT+0.0137%4h0.2200−0.104%$416K$135K50xas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2200−0.116%5xas long as short
Hyperliquid SYRUP+0.0186%1h0.2203+0.018%$5.4M$1.8M3xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0313% / S −0.1301%1h0.2200−0.136%$2K50xas long as short
Kraken Futures PF_SYRUPUSD+1.4465%1h0.2195−0.337%$40K$21K10xas long as short