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In a medium saucepan, mix together corn syrup, sugar, and water.
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Over high heat, bring mixture to a boil. Stir constantly until you have reached a boil.
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Stop stirring once the mixture is boiling. Boil for about 6 minutes or until your thermometer reaches 280 degrees.
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Take the saucepan off the stove and create small round webs on parchment paper with a wire whisk. I spun the whisk in circles and crisscrossed back and forth a few times until I had a web. Try to work fast. The candy will harden quickly.
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Let cool.
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Frost the cupcakes while the webs are cooling.
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Once the webs are cooled, carefully stand them up on each cupcake. You can take a knife and make a small score on each cupcake and place the web in the scored line.
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Place spiders carefully on each cupcake.
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Enjoy!