Funding you earn now, next payment 00:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.70 per $10,000 · paid last 24h +0.373%
Price spread now: BingX against Binance−0.233%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days+0.907%+$91 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.233%, 7d avg −0.129%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.104% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.129%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.907%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOONUSDT | 0.1940 | 0.0209 | pay 0.0105% / 4h | 2h 39m | $7.9M | $1.9M | 50x |
| Short | BingX SOON-USDT | 0.1935 | 0.0070 | get 0.0035% / 4h | 2h 39m | — | $6.7M | — |
Binance SOONUSDT
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.21
- Price spread: −0.233% → −0.129%
- −$10.39
- Slippage, 4 orders
- −$80.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$139.67
- Costs to cover
- 1.001%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 3 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 Binance live order book, 14 min ago | 2.58 bp | 22.6 bp −$23 | 172.1 bp −$1,721 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.75 bp | 17.5 bp −$17 | 55.2 bp −$552 | 814.7 bp −$81.5K | doesn't fit |
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSD | +0.0057% | 1h | 0.1934 | −0.262% | $11K | $1K | 10x | as long as short |
| BingX SOON-USDTshort | +0.0070% | 4h | 0.1935 | −0.233% | — | $6.7M | — | |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1939 | −0.027% | $1.9M | $414K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1934 | −0.285% | $3.1M | $90K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1938 | −0.068% | $1.8M | $3.0M | 50x | as long as short |
| Binance SOONUSDTlong | +0.0209% | 4h | 0.1940 | long leg | $7.9M | $1.9M | 50x | |
| Extended SOON-USD | +0.0216% | 1h | 0.1939 | −0.016% | $7K | $207K | 5x | as long as short |
| Bitget SOONUSDT | +0.0268% | 4h | 0.1937 | −0.130% | $9.1M | $198K | 25x | as long as short |
| Aster SOONUSDT | +0.0568% | 4h | 0.1939 | −0.005% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3634% | 4h | 0.1925 | −0.774% | $221K | $4K | — | as long as short |
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Extended SOON-USD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.4786% | 4h | 0.1924 | −0.800% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT