Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.425%
Price spread now: Gate against BingX−0.155%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2342.339% of the position
Funding, last 7 days−1.083%−$108 on $10k
+Price spread, last 7 days+0.210%+$21 · spread now −0.155%, 7d avg −0.072%
=Funding pays, the price is against you. Gate is 0.083% cheaper against BingX than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.072%). If the spread goes back, that is −$8 on $10k: about 9.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −1.083%, 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 | Gate SOON_USDT | 0.1936 | 0.0100 | get 0.0050% / 4h | 1h 56m | $3.1M | $91K | 50x |
BingX SOON-USDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.3
- Price spread: −0.155% → −0.072%
- −$8.25
- Slippage, 4 orders
- −$208.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$235.83
- Costs to cover
- 2.339%
- Break-even
- 269.0 days
Slippage from BingX: live order book, 11 min ago; Gate: 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 Gate live order book, 2 min ago | 5.16 bp | 115.9 bp −$116 | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.1936 | −0.155% | $3.1M | $91K | 50x | |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1941 | +0.119% | $1.8M | $3.0M | 50x | as long as short |
| Binance SOONUSDT | +0.0213% | 4h | 0.1944 | +0.238% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0216% | 1h | 0.1943 | +0.220% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1935 | −0.207% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDT | +0.0456% | 4h | 0.1942 | +0.155% | $9.1M | $206K | 25x | as long as short |
| Aster SOONUSDT | +0.0703% | 4h | 0.1942 | +0.155% | $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
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
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 | +0.4314% | 4h | 0.1928 | −0.552% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT