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+0.1251%/8h= +137.0% APRnext payment +$6.26 per $10,000 · paid last 24h +0.202%
Price spread now: MEXC against Variational Omni−0.188%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. MEXC is 0.188% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.188% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 12 hours of funding at the current rate (+$38 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SONIC0.026790.0177pay 0.0088% / 4h2h 06m$3K$2K
ShortMEXC SONIC_USDT0.026740.1428get 0.0714% / 4h2h 06m$865K$131K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$262.79
Price spread: −0.188% → 0.000%
−$18.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$240.01
Costs to cover
0.040%
Break-even
0.6 days
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 54 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 MEXC live order book, 54 min ago1.91 bp38.2 bp −$38176.1 bp −$1,761317.6 bp −$31.8K636.4 bp −$318.2K
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%4h0.02677−0.076%$1.0M$952K25xas long as short
Gate SONIC_USDT+0.0100%4h0.02673−0.225%$131K$94K25xas long as short
Variational Omni SONIClong+0.0177%4h0.02679long leg$3K$2K
Bitget SONICUSDT+0.0518%4h0.02670−0.337%$432K$413K10xas long as short
KuCoin SONICUSDTM+0.0986%4h0.02679−0.001%$497K$24K10xas long as short
Binance SONICUSDT+0.1420%4h0.02673−0.225%$1.4M$2.1M10xas long as short
MEXC SONIC_USDTshort+0.1428%4h0.02674−0.188%$865K$131K50x