Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Bitget+0.119%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now +0.119%, 7d avg +0.028%
=The price spread pays, funding is against you. Binance is 0.090% dearer against Bitget than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.028%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1937 | 0.0268 | pay 0.0134% / 4h | 2h 41m | $9.1M | $198K | 25x |
| Short | Binance SOONUSDT | 0.1939 | 0.0214 | get 0.0107% / 4h | 2h 41m | $7.9M | $1.9M | 50x |
Bitget SOONUSDT
Binance SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$11.44
- Price spread: +0.119% → +0.028%
- $9.03
- Slippage, 4 orders
- −$91.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.76
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 13 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 Bitget live order book, 2 min ago | 2.58 bp | 25.7 bp −$26 | 257.7 bp −$2,577 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.58 bp | 36.3 bp −$36 | 153.8 bp −$1,538 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSD | +0.0057% | 1h | 0.1928 | −0.463% | $10K | $1K | 10x | as long as short |
| BingX SOON-USDT | +0.0070% | 4h | 0.1934 | −0.155% | — | $6.6M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1940 | +0.155% | $1.9M | $414K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1934 | −0.155% | $3.1M | $90K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1938 | +0.026% | $1.8M | $3.0M | 50x | as long as short |
| Binance SOONUSDTshort | +0.0214% | 4h | 0.1939 | +0.119% | $7.9M | $1.9M | 50x | |
| Extended SOON-USD | +0.0216% | 1h | 0.1939 | +0.108% | $7K | $207K | 5x | as long as short |
| Bitget SOONUSDTlong | +0.0268% | 4h | 0.1937 | long leg | $9.1M | $198K | 25x | |
| Aster SOONUSDT | +0.0567% | 4h | 0.1939 | +0.096% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3583% | 4h | 0.1922 | −0.800% | $221K | $4K | — | as long as short |
Kraken Futures PF_SOONUSD
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Extended SOON-USD
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.4651% | 4h | 0.1922 | −0.774% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT