Funding you earn now, next payment 08:00 UTC−0.0256%/8h= −28.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.110%
Price spread now: Gate against Bitget−0.358%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2292.290% of the position
Funding, last 7 days−0.321%−$32 on $10k
+Price spread, last 7 days+0.219%+$22 · spread now −0.358%, 7d avg −0.181%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.177% cheaper against Bitget than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.181%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1956 | 0.1198 | pay 0.0599% / 4h | 3h 34m | $9.2M | $283K | 25x |
| Short | Gate SOON_USDT | 0.1949 | 0.0942 | get 0.0471% / 4h | 3h 34m | $3.2M | $126K | 50x |
Bitget SOONUSDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$53.76
- Price spread: −0.358% → −0.181%
- −$17.68
- Slippage, 4 orders
- −$201.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$300.41
- Costs to cover
- 2.290%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 5.11 bp | 23.1 bp −$23 | 216.6 bp −$2,166 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.56 bp | 77.2 bp −$77 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1958 | +0.082% | $1.8M | $3.4M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0432% | 1h | 0.1948 | −0.394% | $11K | $2K | 10x | as long as short |
| Binance SOONUSDT | +0.0741% | 4h | 0.1957 | +0.051% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0744% | 1h | 0.1956 | +0.021% | $8K | $189K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0855% | 4h | 0.1958 | +0.102% | $2.0M | $491K | 20x | as long as short |
| Gate SOON_USDTshort | +0.0942% | 4h | 0.1949 | −0.358% | $3.2M | $126K | 50x | |
| Bitget SOONUSDTlong | +0.1198% | 4h | 0.1956 | long leg | $9.2M | $283K | 25x | |
| Variational Omni SOON | +0.1225% | 4h | 0.1944 | −0.605% | $239K | $20K | — | as long as short |
| Aster SOONUSDT | +0.1301% | 4h | 0.1953 | −0.154% | $190K | $3K | 5x | as long as short |
| BingX SOON-USDT | +0.1710% | 4h | 0.1953 | −0.153% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Variational Omni SOON
Aster SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2173% | 4h | 0.1945 | −0.562% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT