Funding arb · Price arb /

SOMI

all SOMI markets

Swap Backtest

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: KuCoin against Gate0.000%7-day average −0.166% · you sell dearer than you buy

Net, funding: paid 7d − costs−$730as in the Funding arb table

Net, price: spread back to 7d avg − costs−$720as in the Price arb table

costs, in and out, $10k−$7377.366% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.166%

Together, before fees+0.069%+$7 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 0.166% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.166%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOMI_USDT	0.1900	0.0100	pay 0.0050% / 4h	1h 36m	$608K	$379K	50x
Short	KuCoin SOMIUSDTM	0.1900	0.0100	get 0.0050% / 4h	1h 36m	$382K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.166%: $16.64
Slippage, 4 orders: −$709.59
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$719.95
Costs to cover: 7.366%
Break-even: never at this rate

Slippage from Gate: live order book, 25 min ago; KuCoin: live order book, 5 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 Gate live order book, 25 min ago	5.28 bp	275.6 bp −$276	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	5.27 bp	138.7 bp −$139	doesn't fit	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
Aster SOMIUSDT	+0.0100%	4h	0.1898	−0.101%	$13K	$11K	5x	as long as short
Binance SOMIUSDT	+0.0100%	4h	0.1900	+0.010%	$2.3M	$3.4M	50x	as long as short
Bybit SOMIUSDT	+0.0100%	4h	0.1896	−0.211%	$2.0M	$1.3M	50x	as long as short
Gate SOMI_USDTlong	+0.0100%	4h	0.1900	long leg	$608K	$379K	50x
MEXC SOMI_USDT	+0.0100%	4h	0.1899	−0.053%	$610K	$180K	50x	as long as short
KuCoin SOMIUSDTMshort	+0.0100%	4h	0.1900	0.000%	$382K	$1.6M	50x
Bitget SOMIUSDT	+0.0100%	4h	0.1900	0.000%	$654K	$380K	50x	as long as short
BingX SOMI-USDT	+0.0100%	4h	0.1899	−0.053%	—	$6.6M	—	as long as short
Variational Omni SOMI	+0.0100%	4h	0.1898	−0.088%	$53K	$1K	—	as long as short
ApeX Omni SOMIUSDT	+0.0100%	1h	0.1897	−0.158%	$20K	$220K	50x	as long as short