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

SOMI

all SOMI markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against KuCoin−0.053%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$380as in the Price arb table
costs, in and out, $10k−$3673.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days+0.120%+$12 · spread now −0.053%, 7d avg +0.080%
Together, before fees+0.123%+$12 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: BingX is 0.133% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOMIUSDTM0.18820.0100pay 0.0050% / 4h38m 03s$381K$1.5M50x
ShortBingX SOMI-USDT0.18810.0100get 0.0050% / 4h38m 03s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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% → +0.080%
−$13.31
Slippage, 4 orders
−$344.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$379.95
Costs to cover
3.666%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; BingX: live order book, 14 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 KuCoin live order book, 8 min ago7.95 bp159.7 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago7.97 bp32.5 bp −$33114.5 bp −$1,145824.1 bp −$82.4K1200.4 bp −$600.2K

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%4h0.1882−0.022%$12K$11K5xas long as short
Binance SOMIUSDT+0.0100%4h0.1880−0.106%$2.3M$3.6M50xas long as short
Bybit SOMIUSDT+0.0100%4h0.1878−0.223%$2.0M$1.4M50xas long as short
Gate SOMI_USDT+0.0100%4h0.1884+0.106%$652K$461K50xas long as short
MEXC SOMI_USDT+0.0100%4h0.1879−0.159%$574K$197K50xas long as short
KuCoin SOMIUSDTMlong+0.0100%4h0.1882long leg$381K$1.5M50x
Bitget SOMIUSDT+0.0100%4h0.1883+0.053%$645K$413K50xas long as short
BingX SOMI-USDTshort+0.0100%4h0.1881−0.053%$6.6M
Variational Omni SOMI+0.0100%4h0.1884+0.097%$52K$1Kas long as short
ApeX Omni SOMIUSDT+0.0100%1h0.1888+0.319%$21K$222K50xas long as short