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

SOMI

all SOMI markets
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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: Binance against Bitget−0.114%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1051.046% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.270%−$27 · spread now −0.114%, 7d avg −0.054%
Together, before fees−0.278%−$28 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: Binance is 0.060% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOMIUSDT0.19040.0100pay 0.0050% / 4h3h 19m$659K$393K50x
ShortBinance SOMIUSDT0.19020.0100get 0.0050% / 4h3h 19m$2.3M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.114% → −0.054%
−$6
Slippage, 4 orders
−$82.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$110.58
Costs to cover
1.046%
Break-even
never at this rate
Slippage from Bitget: live order book, 51 min ago; Binance: live order book, 2 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 Bitget live order book, 51 min ago2.64 bp18.6 bp −$19135.3 bp −$1,353doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago2.63 bp24.6 bp −$25126.1 bp −$1,261doesn'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%4h0.1904−0.021%$13K$10K5xas long as short
Binance SOMIUSDTshort+0.0100%4h0.1902−0.114%$2.3M$3.4M50x
Bybit SOMIUSDT+0.0100%4h0.1901−0.163%$2.0M$1.3M50xas long as short
Gate SOMI_USDT+0.0100%4h0.1905+0.053%$608K$368K50xas long as short
MEXC SOMI_USDT+0.0100%4h0.1902−0.105%$580K$177K50xas long as short
KuCoin SOMIUSDTM+0.0100%4h0.1903−0.053%$381K$1.6M50xas long as short
Bitget SOMIUSDTlong+0.0100%4h0.1904long leg$659K$393K50x
BingX SOMI-USDT+0.0100%4h0.19040.000%$6.7Mas long as short
Variational Omni SOMI+0.0100%4h0.1902−0.108%$53K$1Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.1905+0.053%$20K$221K50xas long as short