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: Binance against MEXC+0.007%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$850.850% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−1.839%−$184 · spread now +0.007%, 7d avg −0.020%

Together, before fees−1.840%−$184 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 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOMI_USDT	0.1901	0.0100	pay 0.0050% / 4h	1h 34m	$610K	$181K	50x
Short	Binance SOMIUSDT	0.1901	0.0100	get 0.0050% / 4h	1h 34m	$2.3M	$3.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → −0.020%: $2.73
Slippage, 4 orders: −$71.01
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$82.27
Costs to cover: 0.850%
Break-even: never at this rate

Slippage from MEXC: live order book, 20 min ago; Binance: live order book, 1 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 MEXC live order book, 20 min ago	5.27 bp	12.1 bp −$12	54.4 bp −$544	285.5 bp −$28.5K	579.6 bp −$289.8K
Sell Binance live order book, 1 min ago	2.63 bp	33.2 bp −$33	145.7 bp −$1,457	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	+0.0095%	1h	0.1895	−0.316%	$20K	$221K	50x	as long as short
Aster SOMIUSDT	+0.0100%	4h	0.1899	−0.103%	$13K	$11K	5x	as long as short
Binance SOMIUSDTshort	+0.0100%	4h	0.1901	+0.007%	$2.3M	$3.4M	50x
Bybit SOMIUSDT	+0.0100%	4h	0.1899	−0.105%	$2.0M	$1.3M	50x	as long as short
Gate SOMI_USDT	+0.0100%	4h	0.1900	−0.053%	$608K	$379K	50x	as long as short
MEXC SOMI_USDTlong	+0.0100%	4h	0.1901	long leg	$610K	$181K	50x
KuCoin SOMIUSDTM	+0.0100%	4h	0.1899	−0.105%	$383K	$1.6M	50x	as long as short
Bitget SOMIUSDT	+0.0100%	4h	0.1901	0.000%	$655K	$380K	50x	as long as short
BingX SOMI-USDT	+0.0100%	4h	0.1901	0.000%	—	$6.7M	—	as long as short
Variational Omni SOMI	+0.0100%	4h	0.1898	−0.140%	$53K	$1K	—	as long as short