Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.058%
Price spread now: Gate against Lighter−0.364%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costs−$507as in the Price arb table
costs, in and out, $10k−$4804.805% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.364%, 7d avg −0.098%
=Together, before fees+0.068%+ Points / potential airdropLighter: Season 3 · farm board+$7 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: Gate is 0.265% cheaper against Lighter than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2200 | 0.0096 | pay 0.0012% / 1h | 35m 11s | $205K | $220K | 5x |
| Short | Gate SYRUP_USDT | 0.2192 | 0.0100 | get 0.0100% / 8h | 2h 35m | $404K | $65K | 25x |
Lighter SYRUP
Gate SYRUP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.364% → −0.098%
- −$26.53
- Slippage, 4 orders
- −$465.48
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$506.17
- Costs to cover
- 4.805%
- Break-even
- 4225.1 days
Slippage from Lighter: live order book, 60 min ago; Gate: live order book, 10 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, 60 min ago | 8.82 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 16.60 bp | 264.6 bp −$265 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0417% | 1h | 0.2196 | −0.183% | $39K | $24K | 10x | as long as short |
| Lighter SYRUPlong | +0.0096% | 1h | 0.2200 | long leg | $205K | $220K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2195 | −0.203% | $14K | $68K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2196 | −0.173% | $8.9M | $7.6M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2199 | −0.050% | $2.2M | $2.5M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2197 | −0.127% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDTshort | +0.0100% | 8h | 0.2192 | −0.364% | $404K | $65K | 25x | |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2195 | −0.218% | $2.8M | $424K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2202 | +0.077% | $1.8M | $150K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2199 | −0.036% | $692K | $513K | 20x | as long as short |
Kraken Futures PF_SYRUPUSD
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
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 | 0.2197 | −0.127% | — | $6.6M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2199 | −0.045% | $157K | $27K | — | as long as short |
| BloFin SYRUP-USDT | +0.0112% | 4h | 0.2197 | −0.118% | $424K | $125K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2198 | −0.097% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0243% | 1h | 0.2200 | +0.032% | $5.4M | $1.9M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2197 | −0.145% | $2K | — | 50x | as long as short |
BingX SYRUP-USDT
Variational Omni SYRUP
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]