Funding you earn now, next payment 00:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h −0.368%
Price spread now: Bitget against BingX+0.206%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$870.870% of the position
Funding, last 7 days−0.812%−$81 on $10k
+Price spread, last 7 days−0.197%−$20 · spread now +0.206%, 7d avg +0.101%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.105% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.101%. Mind the row above: over the last 7 days funding on this pair cost −0.812%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1939 | 0.0070 | pay 0.0035% / 4h | 1h 56m | — | $6.7M | — |
| Short | Bitget SOONUSDT | 0.1943 | 0.0452 | get 0.0226% / 4h | 1h 56m | $9.1M | $206K | 25x |
BingX SOON-USDT
Bitget SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $80.22
- Price spread: +0.206% → +0.101%
- $10.54
- Slippage, 4 orders
- −$65.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $3.74
- Costs to cover
- 0.870%
- Break-even
- 6.7 days
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 2 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 BingX live order book, 11 min ago | 7.75 bp | 18.5 bp −$18 | 63.4 bp −$634 | 750.1 bp −$75.0K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.15 bp | 34.9 bp −$35 | 197.8 bp −$1,978 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTlong | +0.0070% | 4h | 0.1939 | long leg | — | $6.7M | — | |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1944 | +0.258% | $1.9M | $420K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1936 | −0.155% | $3.1M | $91K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1941 | +0.108% | $1.8M | $3.0M | 50x | as long as short |
| Binance SOONUSDT | +0.0213% | 4h | 0.1944 | +0.252% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0216% | 1h | 0.1943 | +0.194% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1937 | −0.126% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDTshort | +0.0452% | 4h | 0.1943 | +0.206% | $9.1M | $206K | 25x | |
| Aster SOONUSDT | +0.0703% | 4h | 0.1942 | +0.139% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3738% | 4h | 0.1926 | −0.648% | $221K | $4K | — | as long as short |
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.4314% | 4h | 0.1928 | −0.557% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT