Settings8H · net · $10k
Funding arb · Price arb /

SOMI

all SOMI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.028%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$501as in the Price arb table
costs, in and out, $10k−$4954.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 4 days (all we have)+0.579%+$58 · spread now +0.028%, 7d avg +0.090%
Together, before fees+0.509%+$51 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: Gate is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOMIUSDT0.18800.0100pay 0.0050% / 4h1h 43m$2.3M$3.3M50x
ShortGate SOMI_USDT0.18810.0100get 0.0050% / 4h1h 43m$600K$364K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Funding earned
$0
Price spread: +0.028% → +0.090%
−$6.15
Slippage, 4 orders
−$470.26
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$501.42
Costs to cover
4.953%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago2.66 bp34.9 bp −$35167.1 bp −$1,671doesn't fitdoesn't fit
Sell Gate live order book, 37 min ago7.95 bp207.1 bp −$207doesn't fitdoesn't fitdoesn't fit

SOMI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOMIUSDT+0.0100%4h0.1882+0.094%$13K$10K5xas long as short
Binance SOMIUSDTlong+0.0100%4h0.1880long leg$2.3M$3.3M50x
Bybit SOMIUSDT+0.0100%4h0.1879−0.078%$2.0M$1.4M50xas long as short
Gate SOMI_USDTshort+0.0100%4h0.1881+0.028%$600K$364K50x
MEXC SOMI_USDT+0.0100%4h0.1880−0.025%$578K$165K50xas long as short
KuCoin SOMIUSDTM+0.0100%4h0.1879−0.078%$373K$1.7M50xas long as short
Bitget SOMIUSDT+0.0100%4h0.1881+0.028%$658K$402K50xas long as short
BingX SOMI-USDT+0.0100%4h0.1881+0.028%$6.7Mas long as short
Variational Omni SOMI+0.0100%4h0.1877−0.175%$52K$1Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.1881+0.028%$20K$216K50xas long as short