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

SONIC

all SONIC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.38 per $10,000 · paid last 24h +0.012%
Price spread now: Variational Omni against Gate+0.113%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SONIC_USDT0.026760.0100pay 0.0050% / 4h2h 10m$131K$94K25x
ShortVariational Omni SONIC0.026790.0177get 0.0088% / 4h2h 10m$3K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$16.09
Price spread: +0.113% → 0.000%
$11.33
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$12.42
Costs to cover
0.150%
Break-even
1.6 days
Slippage unknown: Gate: live order book, 50 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 50 min ago7.64 bp123.5 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SONIC on 7 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
Bybit SONICUSDT+0.0100%4h0.02677+0.037%$1.0M$951K25xas long as short
Gate SONIC_USDTlong+0.0100%4h0.02676long leg$131K$94K25x
Variational Omni SONICshort+0.0177%4h0.02679+0.113%$3K$2K
Bitget SONICUSDT+0.0552%4h0.02675−0.037%$433K$413K10xas long as short
KuCoin SONICUSDTM+0.1032%4h0.02683+0.262%$498K$24K10xas long as short
Binance SONICUSDT+0.1466%4h0.02678+0.075%$1.4M$2.1M10xas long as short
MEXC SONIC_USDT+0.1488%4h0.02678+0.075%$866K$131K50xas long as short