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

SOMI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.053%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$509as in the Price arb table
costs, in and out, $10k−$5075.074% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.053%, 7d avg +0.073%
Together, before fees−0.081%−$8 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 0.020% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOMI-USDT0.18840.0100pay 0.0050% / 4h2h 31m$6.6M
ShortGate SOMI_USDT0.18850.0100get 0.0050% / 4h2h 31m$605K$387K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.053% → +0.073%
−$2.04
Slippage, 4 orders
−$482.44
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$509.48
Costs to cover
5.074%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 35 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, 11 min ago8.02 bp35.6 bp −$36106.3 bp −$1,063doesn't fitdoesn't fit
Sell Gate live order book, 35 min ago2.64 bp152.0 bp −$152doesn'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%4h0.1883−0.030%$13K$11K5xas long as short
Binance SOMIUSDT+0.0100%4h0.1885+0.040%$2.3M$3.5M50xas long as short
Bybit SOMIUSDT+0.0100%4h0.1882−0.096%$2.0M$1.4M50xas long as short
Gate SOMI_USDTshort+0.0100%4h0.1885+0.053%$605K$387K50x
MEXC SOMI_USDT+0.0100%4h0.1885+0.053%$583K$183K50xas long as short
KuCoin SOMIUSDTM+0.0100%4h0.1882−0.106%$380K$1.6M50xas long as short
Bitget SOMIUSDT+0.0100%4h0.1885+0.053%$650K$402K50xas long as short
BingX SOMI-USDTlong+0.0100%4h0.1884long leg$6.6M
Variational Omni SOMI+0.0100%4h0.1884−0.018%$52K$1Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.1887+0.159%$19K$221K50xas long as short