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−0.0868%/8h= −95.0% APRnext payment $4.34 per $10,000 · paid last 24h −0.204%
Price spread now: Variational Omni against MEXC+0.382%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
The price spread pays, funding is against you. Variational Omni is 0.382% dearer against MEXC than usual: you sell high and buy low (spread +0.382% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SONIC_USDT0.026310.0968pay 0.0484% / 4h27m 15s$854K$132K50x
ShortVariational Omni SONIC0.026410.0100get 0.0050% / 4h27m 15s$3K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$182.28
Price spread: +0.382% → 0.000%
$38.15
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$148.13
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: MEXC: live order book, 23 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 MEXC live order book, 23 min ago3.77 bp37.0 bp −$37173.4 bp −$1,734326.9 bp −$32.7K633.4 bp −$316.7K
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 8 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%4h0.02633+0.076%$1.0M$996K25xas long as short
Gate SONIC_USDT+0.0100%4h0.02634+0.114%$135K$90K25xas long as short
Variational Omni SONICshort+0.0100%4h0.02641+0.382%$3K$2K
Bitget SONICUSDT+0.0176%4h0.02632+0.038%$412K$462K10xas long as short
KuCoin SONICUSDTM+0.0482%4h0.02644+0.494%$490K$25K10xas long as short
Binance SONICUSDT+0.0957%4h0.02632+0.054%$1.4M$2.2M10xas long as short
MEXC SONIC_USDTlong+0.0968%4h0.02631long leg$854K$132K50x
BloFin SONIC-USDT+0.0988%4h0.02635+0.152%$130K$4K10xas long as short