Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.053%
Price spread now: BingX against Lighter−0.127%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.127%, 7d avg −0.095%
=Together, before fees−0.102%+ Points / potential airdropLighter: Season 3 · farm board−$10 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: BingX is 0.032% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2199 | 0.0096 | pay 0.0012% / 1h | 33m 43s | $200K | $220K | 5x |
| Short | BingX SYRUP-USDT | 0.2196 | 0.0100 | get 0.0050% / 4h | 3h 33m | — | $6.5M | — |
Lighter SYRUP
BingX SYRUP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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: −0.127% → −0.095%
- −$3.19
- Slippage, 4 orders
- −$101.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$114.34
- Costs to cover
- 1.120%
- Break-even
- 959.8 days
Slippage from Lighter: live order book, 46 min ago; BingX: live order book, 2 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 Lighter live order book, 46 min ago | 18.69 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.23 bp | 33.3 bp −$33 | 89.2 bp −$892 | 637.8 bp −$63.8K | 1249.3 bp −$624.6K |
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 | +0.0078% | 4h | 0.2197 | −0.068% | $415K | $134K | 50x | as long as short |
| Lighter SYRUPlong | +0.0096% | 1h | 0.2199 | long leg | $200K | $220K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2194 | −0.205% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2195 | −0.179% | $8.9M | $7.2M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2195 | −0.146% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2195 | −0.168% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2194 | −0.205% | $403K | $60K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2195 | −0.168% | $2.9M | $415K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2204 | +0.237% | $1.9M | $152K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2197 | −0.077% | $701K | $479K | 20x | as long as short |
BloFin SYRUP-USDT
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-USDTshort | +0.0100% | 4h | 0.2196 | −0.127% | — | $6.5M | — | |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2198 | −0.032% | $157K | $24K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2196 | −0.117% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0250% | 1h | 0.2199 | +0.032% | $5.4M | $1.8M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2197 | −0.071% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +1.4473% | 1h | 0.2194 | −0.216% | $40K | $21K | 10x | as long as short |
Variational Omni SYRUP
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD