Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.063%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2502.504% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.197%+$20 · spread now +0.063%, 7d avg +0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.024% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOMIUSDT | 0.1904 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $2.0M | $1.3M | 50x |
| Short | Binance SOMIUSDT | 0.1905 | 0.0100 | get 0.0050% / 4h | 2h 22m | $2.3M | $3.5M | 50x |
Bybit SOMIUSDT
Binance SOMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.063% → +0.087%
- −$2.38
- Slippage, 4 orders
- −$229.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$252.74
- Costs to cover
- 2.504%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 13 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 6.58 bp | 112.8 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 5.21 bp | 33.0 bp −$33 | 155.4 bp −$1,554 | doesn't fit | doesn't fit |
SOMI on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOMIUSDT | −0.0025% | 1h | 0.1906 | +0.116% | $21K | $218K | 50x | as long as short |
| Aster SOMIUSDT | +0.0100% | 4h | 0.1908 | +0.199% | $13K | $11K | 5x | as long as short |
| Binance SOMIUSDTshort | +0.0100% | 4h | 0.1905 | +0.063% | $2.3M | $3.5M | 50x | |
| Bybit SOMIUSDTlong | +0.0100% | 4h | 0.1904 | long leg | $2.0M | $1.3M | 50x | |
| Gate SOMI_USDT | +0.0100% | 4h | 0.1907 | +0.168% | $661K | $437K | 50x | as long as short |
| MEXC SOMI_USDT | +0.0100% | 4h | 0.1905 | +0.063% | $581K | $206K | 50x | as long as short |
| KuCoin SOMIUSDTM | +0.0100% | 4h | 0.1903 | −0.042% | $385K | $1.5M | 50x | as long as short |
| Bitget SOMIUSDT | +0.0100% | 4h | 0.1905 | +0.063% | $659K | $389K | 50x | as long as short |
| BingX SOMI-USDT | +0.0100% | 4h | 0.1907 | +0.168% | — | $6.6M | — | as long as short |
| Variational Omni SOMI | +0.0100% | 4h | 0.1901 | −0.143% | $53K | $1K | — | as long as short |
ApeX Omni SOMIUSDT
Aster SOMIUSDT
Gate SOMI_USDT
MEXC SOMI_USDT
KuCoin SOMIUSDTM
Bitget SOMIUSDT
BingX SOMI-USDT
Variational Omni SOMI