SYRUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against OKX+0.074%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$990.992% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.074%, 7d avg −0.060%

Together, before fees−0.165%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.135% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SYRUP-USDT-SWAP	0.2291	0.0100	pay 0.0050% / 4h	3h 04m	$1.1M	$1.0M	20x
Short	BloFin SYRUP-USDT	0.2293	0.0127	get 0.0063% / 4h	3h 04m	$456K	$130K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.074%Rate

Funding earned: $5.65
Price spread: +0.074% → −0.060%: $13.46
Slippage, 4 orders: −$77.17
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$80.07
Costs to cover: 0.992%
Break-even: 106.3 days

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 66 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 OKX live order book, 2 min ago	4.36 bp	37.2 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 66 min ago	1.73 bp	11.1 bp −$11	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
Lighter SYRUP	+0.0096%	1h	0.2297	+0.271%	$209K	$217K	5x	as long as short
Aster SYRUPUSDT	+0.0100%	4h	0.2293	+0.092%	$14K	$63K	10x	as long as short
Binance SYRUPUSDT	+0.0100%	4h	0.2293	+0.074%	$9.5M	$6.7M	25x	as long as short
Bybit SYRUPUSDT	+0.0100%	4h	0.2293	+0.065%	$2.3M	$2.0M	25x	as long as short
OKX SYRUP-USDT-SWAPlong	+0.0100%	4h	0.2291	long leg	$1.1M	$1.0M	20x
Gate SYRUP_USDT	+0.0100%	8h	0.2294	+0.122%	$426K	$68K	25x	as long as short
MEXC SYRUP_USDT	+0.0100%	4h	0.2293	+0.087%	$3.0M	$581K	100x	as long as short
Bitget SYRUPUSDT	+0.0100%	4h	0.2294	+0.131%	$668K	$444K	20x	as long as short
BingX SYRUP-USDT	+0.0100%	4h	0.2293	+0.087%	—	$6.5M	—	as long as short
Variational Omni SYRUP	+0.0100%	4h	0.2293	+0.093%	$166K	$45K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SYRUPUSDTM	+0.0120%	4h	0.2301	+0.436%	$2.0M	$112K	25x	as long as short
BloFin SYRUP-USDTshort	+0.0127%	4h	0.2293	+0.074%	$456K	$130K	50x
Reya SYRUPRUSDPERP	+0.0149%	1h	0.2292	+0.065%	—	—	5x	as long as short
GMX SYRUP/USD [ETH-USDC]	L +0.0330% / S −0.1447%	1h	0.2292	+0.044%	$3K	—	50x	as long as short
Hyperliquid SYRUP	+0.0921%	1h	0.2300	+0.406%	$5.9M	$1.6M	3x	as long as short
Kraken Futures PF_SYRUPUSD	+0.1574%	1h	0.2297	+0.241%	$41K	$23K	10x	as long as short