Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h −0.439%
Price spread now: Kraken Futures against BingX−0.195%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.195% cheaper against BingX than usual: you would sell low and buy high (spread −0.195% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 17 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1950 | 0.0070 | pay 0.0035% / 4h | 54m 31s | — | $6.7M | — |
| Short | Kraken Futures PF_SOONUSD | 0.1946 | 0.0107 | get 0.0013% / 1h | 54m 31s | $11K | $1K | 10x |
BingX SOON-USDT
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $7.85
- Price spread: −0.195% → 0.000%
- −$19.49
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$31.63
- Costs to cover
- 0.200%
- Break-even
- 35.2 days
Slippage unknown: BingX: live order book, 8 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 8 min ago | 2.57 bp | 15.8 bp −$16 | 63.1 bp −$631 | 769.0 bp −$76.9K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1950 | long leg | — | $6.7M | — | |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1954 | +0.185% | $1.8M | $3.1M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1955 | +0.278% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0107% | 1h | 0.1946 | −0.195% | $11K | $1K | 10x | |
| OKX SOON-USDT-SWAP | +0.0112% | 4h | 0.1955 | +0.256% | $2.0M | $430K | 20x | as long as short |
| Gate SOON_USDT | +0.0112% | 4h | 0.1948 | −0.103% | $3.2M | $91K | 50x | as long as short |
| Binance SOONUSDT | +0.0123% | 4h | 0.1956 | +0.299% | $8.0M | $1.9M | 50x | as long as short |
| Bitget SOONUSDT | +0.0830% | 4h | 0.1954 | +0.205% | $9.1M | $218K | 25x | as long as short |
| Aster SOONUSDT | +0.0831% | 4h | 0.1949 | −0.035% | $190K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3279% | 4h | 0.1935 | −0.758% | $222K | $4K | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
OKX SOON-USDT-SWAP
Gate SOON_USDT
Binance SOONUSDT
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 | +0.3595% | 4h | 0.1940 | −0.513% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT