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 23:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.392%
Price spread now: Extended against BingX+0.211%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2052.045% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.914%−$91 on $10k
Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.211%, 7d avg +0.103%
Together, before fees−1.101%+ Points / potential airdropExtended: Active · farm board−$110 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.108% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.103%. Mind the row above: over the last 7 days funding on this pair cost −0.914%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOON-USDT0.19380.0070pay 0.0035% / 4h1h 49m$6.7M
ShortExtended SOON-USD0.19420.0176get 0.0022% / 1h49m 39s$7K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$22.26
Price spread: +0.211% → +0.103%
$10.8
Slippage, 4 orders
−$189.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$171.49
Costs to cover
2.045%
Break-even
60.9 days
Slippage from BingX: live order book, 3 min ago; Extended: live order book, 32 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 BingX live order book, 3 min ago2.58 bp15.4 bp −$1559.4 bp −$594772.5 bp −$77.3Kdoesn't fit
Sell Extended live order book, 32 min ago9.47 bp50.6 bp −$51doesn'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
BingX SOON-USDTlong+0.0070%4h0.1938long leg$6.7M
OKX SOON-USDT-SWAP+0.0100%4h0.1941+0.155%$1.9M$419K20xas long as short
Gate SOON_USDT+0.0100%4h0.1936−0.103%$3.1M$91K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1941+0.175%$1.8M$3.0M50xas long as short
Binance SOONUSDT+0.0172%4h0.1942+0.229%$7.9M$1.9M50xas long as short
Extended SOON-USDshort+0.0176%1h0.1942+0.211%$7K$207K5x
Kraken Futures PF_SOONUSD+0.0338%1h0.1936−0.090%$11K$1K10xas long as short
Bitget SOONUSDT+0.0464%4h0.1942+0.206%$9.1M$208K25xas long as short
Aster SOONUSDT+0.0696%4h0.1942+0.199%$189K$2K5xas long as short
Variational Omni SOON+0.3704%4h0.1927−0.576%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4125%4h0.1926−0.619%$2.5M$1.1M25xas long as short