Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.060%
Price spread now: Lighter against MEXC+0.208%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.208%, 7d avg +0.124%
=Together, before fees+0.034%+ Points / potential airdropLighter: Season 3 · farm board+$3 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: Lighter is 0.084% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SYRUP_USDT | 0.2212 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $2.8M | $420K | 100x |
| Short | Lighter SYRUP | 0.2217 | 0.0096 | get 0.0012% / 1h | 45m 04s | $205K | $218K | 5x |
MEXC SYRUP_USDT
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: +0.208% → +0.124%
- $8.35
- Slippage, 4 orders
- −$57.32
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$57.81
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 55 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 MEXC live order book, 2 min ago | 2.26 bp | 9.0 bp −$9 | 60.2 bp −$602 | 282.2 bp −$28.2K | doesn't fit |
| Sell Lighter live order book, 55 min ago | 13.28 bp | 31.6 bp −$32 | 496.2 bp −$4,962 | 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 | −0.0049% | 1h | 0.2212 | +0.017% | $40K | $22K | 10x | as long as short |
| BloFin SYRUP-USDT | +0.0084% | 4h | 0.2213 | +0.045% | $426K | $129K | 50x | as long as short |
| Lighter SYRUPshort | +0.0096% | 1h | 0.2217 | +0.208% | $205K | $218K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2213 | +0.068% | $14K | $69K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2213 | +0.036% | $9.0M | $7.4M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2213 | +0.059% | $2.1M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2211 | −0.045% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2213 | +0.041% | $407K | $65K | 25x | as long as short |
| MEXC SYRUP_USDTlong | +0.0100% | 4h | 0.2212 | long leg | $2.8M | $420K | 100x | |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2216 | +0.172% | $1.9M | $151K | 25x | as long as short |
Kraken Futures PF_SYRUPUSD
BloFin SYRUP-USDT
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
KuCoin SYRUPUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2215 | +0.136% | $698K | $508K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2214 | +0.077% | — | $6.6M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2214 | +0.093% | $158K | $27K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2212 | +0.002% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0245% | 1h | 0.2218 | +0.267% | $5.5M | $1.9M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0328% / S −0.1447% | 1h | 0.2213 | +0.061% | $3K | — | 50x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]