Funding you earn now, next payment 04:00 UTC+0.0958%/8h= +104.9% APRnext payment +$4.79 per $10,000 · paid last 24h +0.967%
Price spread now: Bybit against Bitget−0.588%7-day average −0.332% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days+1.270%+$127 on $10k
+Price spread, last 7 days+0.310%+$31 · spread now −0.588%, 7d avg −0.332%
=Funding pays, the price is against you. Bybit is 0.256% cheaper against Bitget than usual: you would sell low and buy high (spread −0.588% now, against its 7-day average of −0.332%). If the spread goes back, that is −$26 on $10k: about 21 hours of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1939 | 0.0918 | pay 0.0459% / 4h | 31m 46s | $9.1M | $277K | 25x |
| Short | Bybit SOONUSDT | 0.1928 | 0.1876 | get 0.0938% / 4h | 31m 46s | $2.5M | $1.2M | 25x |
Bitget SOONUSDT
Bybit SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $201.21
- Price spread: −0.588% → −0.332%
- −$25.57
- Slippage, 4 orders
- −$103.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $48.82
- Costs to cover
- 1.268%
- Break-even
- 5.3 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 5 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 | 5.16 bp | 21.7 bp −$22 | 270.7 bp −$2,707 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.60 bp | 30.5 bp −$31 | 366.9 bp −$3,669 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1937 | −0.093% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0505% | 4h | 0.1942 | +0.155% | $1.9M | $481K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0508% | 1h | 0.1927 | −0.626% | $10K | $2K | 10x | as long as short |
| Binance SOONUSDT | +0.0562% | 4h | 0.1939 | +0.001% | $7.9M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0568% | 1h | 0.1936 | −0.178% | $6K | $188K | 5x | as long as short |
| Gate SOON_USDT | +0.0718% | 4h | 0.1933 | −0.309% | $3.1M | $124K | 50x | as long as short |
| Aster SOONUSDT | +0.0899% | 4h | 0.1937 | −0.113% | $188K | $3K | 5x | as long as short |
| Bitget SOONUSDTlong | +0.0918% | 4h | 0.1939 | long leg | $9.1M | $277K | 25x | |
| Variational Omni SOON | +0.1477% | 4h | 0.1922 | −0.868% | $237K | $20K | — | as long as short |
| BingX SOON-USDT | +0.1856% | 4h | 0.1931 | −0.413% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Binance SOONUSDT
Extended SOON-USD
Gate SOON_USDT
Aster SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTshort | +0.1876% | 4h | 0.1928 | −0.588% | $2.5M | $1.2M | 25x |