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: Bybit against BingX−0.106%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2142.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 7 days+0.002%$0 · spread now −0.106%, 7d avg −0.072%
Together, before fees−0.044%−$4 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: Bybit is 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOMI-USDT0.18810.0100pay 0.0050% / 4h1h 43m$6.7M
ShortBybit SOMIUSDT0.18790.0100get 0.0050% / 4h1h 43m$2.0M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.106% → −0.072%
−$3.4
Slippage, 4 orders
−$193.15
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$217.55
Costs to cover
2.142%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 3 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 BingX live order book, 8 min ago7.99 bp35.8 bp −$36116.0 bp −$1,160841.0 bp −$84.1K1265.7 bp −$632.8K
Sell Bybit live order book, 3 min ago4.00 bp71.3 bp −$71480.3 bp −$4,803doesn'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+0.066%$13K$10K5xas long as short
Binance SOMIUSDT+0.0100%4h0.1880−0.028%$2.3M$3.3M50xas long as short
Bybit SOMIUSDTshort+0.0100%4h0.1879−0.106%$2.0M$1.4M50x
Gate SOMI_USDT+0.0100%4h0.18810.000%$600K$364K50xas long as short
MEXC SOMI_USDT+0.0100%4h0.1880−0.053%$578K$165K50xas long as short
KuCoin SOMIUSDTM+0.0100%4h0.1879−0.106%$373K$1.7M50xas long as short
Bitget SOMIUSDT+0.0100%4h0.18810.000%$658K$402K50xas long as short
BingX SOMI-USDTlong+0.0100%4h0.1881long leg$6.7M
Variational Omni SOMI+0.0100%4h0.1877−0.204%$52K$1Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.18810.000%$20K$216K50xas long as short