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

SOMI

all SOMI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.162%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$3853.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.185%+$19 · spread now −0.162%, 7d avg −0.080%
Together, before fees+0.185%+$19 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: KuCoin is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOMI-USDT0.18470.0100pay 0.0050% / 4h1h 29m$6.6M
ShortKuCoin SOMIUSDTM0.18440.0100get 0.0050% / 4h1h 29m$372K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.162% → −0.080%
−$8.23
Slippage, 4 orders
−$362.85
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$393.08
Costs to cover
3.849%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; KuCoin: live order book, 9 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, 15 min ago8.06 bp35.3 bp −$35114.7 bp −$1,147doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago5.38 bp137.4 bp −$137doesn't fitdoesn't fitdoesn't fit

SOMI on 10 exchanges

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%4h0.1848+0.057%$11K$11K5xas long as short
Binance SOMIUSDT+0.0100%4h0.18470.000%$2.3M$3.3M50xas long as short
Bybit SOMIUSDT+0.0100%4h0.1844−0.146%$2.0M$1.2M50xas long as short
Gate SOMI_USDT+0.0100%4h0.1848+0.054%$637K$448K50xas long as short
MEXC SOMI_USDT+0.0100%4h0.18470.000%$565K$188K50xas long as short
KuCoin SOMIUSDTMshort+0.0100%4h0.1844−0.162%$372K$1.4M50x
Bitget SOMIUSDT+0.0100%4h0.1845−0.108%$635K$363K50xas long as short
BingX SOMI-USDTlong+0.0100%4h0.1847long leg$6.6M
Variational Omni SOMI+0.0100%4h0.1844−0.159%$51K$2Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.1855+0.433%$20K$219K50xas long as short