Funding you earn now, next payment 04:00 UTC−0.1450%/8h= −158.8% APRnext payment −$7.25 per $10,000 · paid last 24h −1.068%
Price spread now: Gate against Bybit+0.412%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$2152.148% of the position
Funding, last 7 days−1.585%−$159 on $10k
+Price spread, last 7 days−0.292%−$29 · spread now +0.412%, 7d avg +0.149%
=The price spread pays, funding is against you. Gate is 0.262% dearer against Bybit than usual: you sell high and buy low (spread +0.412% now, against its 7-day average of +0.149%): +$26 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1943 | 0.2280 | pay 0.1140% / 4h | 1h 17m | $2.5M | $1.2M | 25x |
| Short | Gate SOON_USDT | 0.1951 | 0.0830 | get 0.0415% / 4h | 1h 17m | $3.2M | $119K | 50x |
Bybit SOONUSDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$304.5
- Price spread: +0.412% → +0.149%
- $26.24
- Slippage, 4 orders
- −$188.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$493.1
- Costs to cover
- 2.148%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: 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 Bybit live order book, 4 min ago | 2.57 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.12 bp | 75.2 bp −$75 | 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 | 0.1957 | +0.736% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0590% | 4h | 0.1957 | +0.721% | $2.0M | $460K | 20x | as long as short |
| Extended SOON-USD | +0.0664% | 1h | 0.1955 | +0.641% | $6K | $193K | 5x | as long as short |
| Binance SOONUSDT | +0.0667% | 4h | 0.1956 | +0.669% | $8.0M | $1.9M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0767% | 1h | 0.1948 | +0.237% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDTshort | +0.0830% | 4h | 0.1951 | +0.412% | $3.2M | $119K | 50x | |
| Aster SOONUSDT | +0.1012% | 4h | 0.1955 | +0.618% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1050% | 4h | 0.1957 | +0.721% | $9.2M | $256K | 25x | as long as short |
| Variational Omni SOON | +0.1993% | 4h | 0.1944 | +0.059% | $239K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2062% | 4h | 0.1954 | +0.566% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Extended SOON-USD
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget 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 SOONUSDTlong | +0.2280% | 4h | 0.1943 | long leg | $2.5M | $1.2M | 25x |