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+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against Variational Omni−0.037%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Bitget is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SONIC0.026900.0100pay 0.0050% / 4h1h 20m$3K$2K
ShortBitget SONICUSDT0.026890.0234get 0.0117% / 4h1h 20m$420K$447K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
$28.14
Price spread: −0.037% → 0.000%
−$3.73
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$12.41
Costs to cover
0.120%
Break-even
3.9 days
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 35 min ago. 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 Variational Omni no order-book sample
Sell Bitget live order book, 35 min ago7.52 bp43.5 bp −$43783.0 bp −$7,830doesn't fitdoesn't fit
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%4h0.026900.000%$1.0M$967K25xas long as short
Gate SONIC_USDT+0.0100%4h0.02686−0.149%$132K$96K25xas long as short
Variational Omni SONIClong+0.0100%4h0.02690long leg$3K$2K
Bitget SONICUSDTshort+0.0234%4h0.02689−0.037%$420K$447K10x
KuCoin SONICUSDTM+0.0666%4h0.02686−0.149%$498K$24K10xas long as short
MEXC SONIC_USDT+0.1064%4h0.02686−0.149%$874K$131K50xas long as short
Binance SONICUSDT+0.1065%4h0.02686−0.146%$1.4M$2.2M10xas long as short
BloFin SONIC-USDT+0.1087%4h0.02672−0.669%$132K$4K10xas long as short