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 07:00 UTC−0.1170%/8h= −128.1% APRpaid last 24h −1.082%
Price spread now: Extended against Bybit+0.610%7-day average +0.420% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2202.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.467%−$147 on $10k
Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.610%, 7d avg +0.420%
Together, before fees−1.823%+ Points / potential airdropExtended: Active · farm board−$182 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.190% dearer against Bybit than usual: you sell high and buy low (spread +0.610% now, against its 7-day average of +0.420%): +$19 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOONUSDT0.19500.1586pay 0.0793% / 4h1h 44m$2.5M$1.2M25x
ShortExtended SOON-USD0.19620.0416get 0.0052% / 1h44m 44s$7K$294K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
−$245.64
Price spread: +0.610% → +0.420%
$19.02
Slippage, 4 orders
−$204.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$446.8
Costs to cover
2.202%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 63 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 Bybit live order book, 2 min ago2.56 bp26.9 bp −$27334.9 bp −$3,349doesn't fitdoesn't fit
Sell Extended live order book, 63 min ago11.28 bp44.2 bp −$44doesn't fitdoesn'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%4h0.1959+0.462%$1.8M$3.5M50xas long as short
Kraken Futures PF_SOONUSD+0.0257%1h0.1957+0.352%$11K$3K10xas long as short
Binance SOONUSDT+0.0406%4h0.1958+0.388%$8.0M$2.0M50xas long as short
Extended SOON-USDshort+0.0416%1h0.1962+0.610%$7K$294K5x
OKX SOON-USDT-SWAP+0.0634%4h0.1962+0.615%$2.0M$512K20xas long as short
Gate SOON_USDT+0.0762%4h0.1954+0.205%$3.2M$143K50xas long as short
Aster SOONUSDT+0.0955%4h0.1956+0.311%$190K$3K5xas long as short
Bitget SOONUSDT+0.1062%4h0.1960+0.513%$9.2M$299K25xas long as short
Variational Omni SOON+0.1073%4h0.1949−0.043%$241K$21Kas long as short
Bybit SOONUSDTlong+0.1586%4h0.1950long leg$2.5M$1.2M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.1650%4h0.1959+0.462%$6.7Mas long as short