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

SOON

all SOON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.3420%/8h= +374.5% APRnext payment +$17.10 per $10,000 · paid last 24h +0.747%
Price spread now: Variational Omni against Binance−0.781%7-day average −0.403% · 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)+0.823%+$82 on $10k
Price spread, last 3 days (all we have)+0.502%+$50 · spread now −0.781%, 7d avg −0.403%
Together, before fees+1.325%+ Points / potential airdropVariational Omni: Active · farm board+$132 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.378% cheaper against Binance than usual: you would sell low and buy high (spread −0.781% now, against its 7-day average of −0.403%). If the spread goes back, that is −$38 on $10k: about 9 hours of funding at the current rate (+$103 a day). At the pace of the last 3 days (+0.823% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.823% in total (about 93.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$17.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOONUSDT0.19400.0214pay 0.0107% / 4h2h 40m$7.9M$1.9M50x
ShortVariational Omni SOON0.19250.3634get 0.1817% / 4h2h 40m$221K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$718.3
Price spread: −0.781% → −0.403%
−$37.76
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$670.54
Costs to cover
0.100%
Break-even
0.5 days
Slippage unknown: Binance: live order book, 14 min ago; Variational Omni: RFQ quote, 49 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 Binance live order book, 14 min ago2.58 bp22.6 bp −$23172.1 bp −$1,721doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 49 min ago7.77 bpdoesn't fit385.7 bp −$3,857doesn'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%1h0.1934−0.269%$11K$1K10xas long as short
BingX SOON-USDT+0.0070%4h0.1934−0.291%$6.7Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1940+0.018%$1.9M$414K20xas long as short
Gate SOON_USDT+0.0100%4h0.1934−0.291%$3.1M$90K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1938−0.090%$1.8M$3.0M50xas long as short
Binance SOONUSDTlong+0.0214%4h0.1940long leg$7.9M$1.9M50x
Extended SOON-USD+0.0216%1h0.1939−0.013%$7K$207K5xas long as short
Bitget SOONUSDT+0.0268%4h0.1937−0.137%$9.1M$198K25xas long as short
Aster SOONUSDT+0.0568%4h0.1939−0.023%$189K$2K5xas long as short
Variational Omni SOONshort+0.3634%4h0.1925−0.781%$221K$4K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4727%4h0.1925−0.740%$2.5M$1.1M25xas long as short