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

SOON

all SOON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.020%
Price spread now: Extended against Binance−0.013%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1961.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.013%, 7d avg −0.035%
Together, before fees+0.050%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOONUSDT0.19400.0202pay 0.0101% / 4h2h 38m$7.9M$1.9M50x
ShortExtended SOON-USD0.19400.0208get 0.0026% / 1h38m 36s$7K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$1.31
Price spread: −0.013% → −0.035%
$2.17
Slippage, 4 orders
−$180.52
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$192.03
Costs to cover
1.955%
Break-even
1032.8 days
Slippage from Binance: live order book, 15 min ago; Extended: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.58 bp22.6 bp −$23172.1 bp −$1,721doesn't fitdoesn't fit
Sell Extended live order book, 48 min ago10.79 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit

SOON on 11 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
Kraken Futures PF_SOONUSD+0.0057%1h0.1929−0.572%$10K$1K10xas long as short
BingX SOON-USDT+0.0070%4h0.1936−0.206%$6.6Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1938−0.103%$1.9M$416K20xas long as short
Gate SOON_USDT+0.0100%4h0.1934−0.309%$3.1M$90K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1938−0.108%$1.8M$3.0M50xas long as short
Binance SOONUSDTlong+0.0202%4h0.1940long leg$7.9M$1.9M50x
Extended SOON-USDshort+0.0208%1h0.1940−0.013%$7K$207K5x
Bitget SOONUSDT+0.0272%4h0.1937−0.155%$9.1M$198K25xas long as short
Aster SOONUSDT+0.0565%4h0.1939−0.039%$189K$2K5xas long as short
Variational Omni SOON+0.3634%4h0.1925−0.798%$221K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4853%4h0.1925−0.747%$2.5M$1.1M25xas long as short