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 01:00 UTC−0.0768%/8h= −84.1% APRpaid last 24h −0.069%
Price spread now: Extended against Bitget+0.009%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.009%, 7d avg +0.028%
Together, before fees−0.189%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOONUSDT0.19610.1032pay 0.0516% / 4h3h 20m$9.2M$227K25x
ShortExtended SOON-USD0.19610.0264get 0.0033% / 1h20m 22s$7K$202K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$161.28
Price spread: +0.009% → +0.028%
−$1.92
Slippage, 4 orders
−$175.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$355.37
Costs to cover
1.922%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 51 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 Bitget live order book, 3 min ago5.10 bp24.1 bp −$24204.4 bp −$2,044doesn't fitdoesn't fit
Sell Extended live order book, 51 min ago9.71 bp24.3 bp −$24360.5 bp −$3,605doesn'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
KuCoin SOONUSDTM+0.0100%4h0.1963+0.092%$1.8M$3.2M50xas long as short
Extended SOON-USDshort+0.0264%1h0.1961+0.009%$7K$202K5x
Binance SOONUSDT+0.0264%4h0.1962+0.032%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0433%4h0.1963+0.102%$2.0M$447K20xas long as short
Kraken Futures PF_SOONUSD+0.0532%1h0.1955−0.299%$11K$1K10xas long as short
Gate SOON_USDT+0.0812%4h0.1958−0.153%$3.2M$111K50xas long as short
Aster SOONUSDT+0.0913%4h0.1960−0.051%$191K$3K5xas long as short
Bitget SOONUSDTlong+0.1032%4h0.1961long leg$9.2M$227K25x
BingX SOON-USDT+0.1764%4h0.1958−0.153%$6.7Mas long as short
Bybit SOONUSDT+0.2014%4h0.1947−0.714%$2.5M$1.1M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOON+0.2914%4h0.1947−0.705%$239K$20Kas long as short