Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Variational Omni−0.236%86s7-day average −0.103% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.236%, 7d avg −0.103%
=Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.134% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.103%). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SYRUP | 0.2303 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $166K | $46K | — |
| Short | BloFin SYRUP-USDT | 0.2297 | 0.0057 | get 0.0029% / 4h | 3h 33m | $456K | $133K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- −$8.96
- Price spread: −0.236% → −0.103%
- −$13.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.34
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; BloFin: live order book, 37 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 40 min ago | 8.70 bp | doesn't fit | 182.8 bp −$1,828 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDTshort | +0.0057% | 4h | 0.2297 | −0.236% | $456K | $133K | 50x | |
| Lighter SYRUP | +0.0096% | 1h | 0.2302 | −0.037% | $209K | $217K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2298 | −0.192% | $14K | $63K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2297 | −0.258% | $9.6M | $6.8M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2300 | −0.132% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2296 | −0.288% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2299 | −0.158% | $427K | $68K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2297 | −0.245% | $3.0M | $579K | 100x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2299 | −0.158% | $677K | $450K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2298 | −0.189% | — | $6.5M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUPlong | +0.0100% | 4h | 0.2303 | long leg | $166K | $46K | — | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2298 | −0.216% | — | — | 5x | as long as short |
| KuCoin SYRUPUSDTM | +0.0168% | 4h | 0.2305 | +0.102% | $2.0M | $112K | 25x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2297 | −0.248% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0536% | 1h | 0.2302 | −0.037% | $5.8M | $1.6M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.1572% | 1h | 0.2300 | −0.129% | $41K | $23K | 10x | as long as short |
Variational Omni SYRUP
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
Bitget SYRUPUSDT
BingX SYRUP-USDT
KuCoin SYRUPUSDTM
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP
Kraken Futures PF_SYRUPUSD