Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.056%
Price spread now: Lighter against OKX+0.050%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now +0.050%, 7d avg +0.071%
=Together, before fees+0.257%+ Points / potential airdropLighter: Season 3 · farm board+$26 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 0.021% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SYRUP-USDT-SWAP | 0.2199 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $1.0M | $1.1M | 20x |
| Short | Lighter SYRUP | 0.2200 | 0.0096 | get 0.0012% / 1h | 29m 38s | $200K | $218K | 5x |
OKX SYRUP-USDT-SWAP
Lighter SYRUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.050% → +0.071%
- −$2.13
- Slippage, 4 orders
- −$99.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$112.13
- Costs to cover
- 1.092%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 60 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 | 2.28 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 11.62 bp | 35.3 bp −$35 | 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 | −0.0002% | 1h | 0.2199 | −0.021% | $39K | $22K | 10x | as long as short |
| BloFin SYRUP-USDT | +0.0063% | 4h | 0.2195 | −0.177% | $418K | $117K | 50x | as long as short |
| Lighter SYRUPshort | +0.0096% | 1h | 0.2200 | +0.050% | $200K | $218K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2198 | −0.025% | $14K | $69K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2197 | −0.086% | $8.9M | $7.5M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2199 | −0.014% | $2.2M | $2.5M | 25x | as long as short |
| OKX SYRUP-USDT-SWAPlong | +0.0100% | 4h | 0.2199 | long leg | $1.0M | $1.1M | 20x | |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2198 | −0.055% | $405K | $64K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2198 | −0.045% | $2.9M | $437K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2207 | +0.368% | $1.9M | $158K | 25x | as long as short |
Kraken Futures PF_SYRUPUSD
BloFin SYRUP-USDT
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
Gate SYRUP_USDT
MEXC 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 | 0.2198 | −0.045% | $691K | $488K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2198 | −0.032% | — | $6.6M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2199 | −0.022% | $157K | $27K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2197 | −0.086% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2198 | −0.025% | $2K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0493% | 1h | 0.2203 | +0.183% | $5.4M | $1.9M | 3x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP