Funding arb · Price arb /

SOMI

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Swap Backtest

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: MEXC against KuCoin+0.157%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$351as in the Funding arb table

Net, price: spread back to 7d avg − costs−$344as in the Price arb table

costs, in and out, $10k−$3503.503% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.157%, 7d avg +0.095%

Together, before fees−0.071%−$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: MEXC is 0.062% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOMIUSDTM	0.1908	0.0100	pay 0.0050% / 4h	3h 47m	$386K	$1.6M	50x
Short	MEXC SOMI_USDT	0.1911	0.0100	get 0.0050% / 4h	3h 47m	$620K	$198K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → +0.095%: $6.18
Slippage, 4 orders: −$334.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$344.15
Costs to cover: 3.503%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 62 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 KuCoin live order book, 3 min ago	2.61 bp	176.1 bp −$176	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 62 min ago	2.63 bp	8.6 bp −$9	56.7 bp −$567	288.4 bp −$28.8K	592.2 bp −$296.1K

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	0.1924	+0.828%	$13K	$11K	5x	as long as short
Binance SOMIUSDT	+0.0100%	4h	0.1911	+0.153%	$2.3M	$3.4M	50x	as long as short
Bybit SOMIUSDT	+0.0100%	4h	0.1908	+0.005%	$2.0M	$1.3M	50x	as long as short
Gate SOMI_USDT	+0.0100%	4h	0.1912	+0.210%	$609K	$384K	50x	as long as short
MEXC SOMI_USDTshort	+0.0100%	4h	0.1911	+0.157%	$620K	$198K	50x
KuCoin SOMIUSDTMlong	+0.0100%	4h	0.1908	long leg	$386K	$1.6M	50x
Bitget SOMIUSDT	+0.0100%	4h	0.1913	+0.262%	$664K	$384K	50x	as long as short
BingX SOMI-USDT	+0.0100%	4h	0.1910	+0.105%	—	$6.6M	—	as long as short
Variational Omni SOMI	+0.0100%	4h	0.1923	+0.761%	$53K	$1K	—	as long as short
ApeX Omni SOMIUSDT	+0.0100%	1h	0.1928	+1.048%	$21K	$220K	50x	as long as short