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 04:00 UTC+0.1258%/8h= +137.8% APRpaid last 24h +0.552%
Price spread now: BingX against Extended−0.174%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1961.957% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.058%+$106 on $10k
Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.174%, 7d avg −0.107%
Together, before fees+1.240%+ Points / potential airdropExtended: Active · farm board+$124 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.068% cheaper against Extended than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of −0.107%). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+1.058% in total) that is about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19420.0560pay 0.0070% / 1h30m 11s$6K$188K5x
ShortBingX SOON-USDT0.19390.1818get 0.0909% / 4h30m 11s$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$264.18
Price spread: −0.174% → −0.107%
−$6.76
Slippage, 4 orders
−$180.65
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
$61.77
Costs to cover
1.957%
Break-even
5.4 days
Slippage from Extended: live order book, 26 min ago; BingX: live order book, 7 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 Extended live order book, 26 min ago10.26 bp125.3 bp −$125559.8 bp −$5,598doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago7.76 bp16.6 bp −$1741.4 bp −$414721.8 bp −$72.2Kdoesn'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%4h0.1942−0.015%$1.8M$3.3M50xas long as short
Kraken Futures PF_SOONUSD+0.0505%1h0.1939−0.179%$11K$2K10xas long as short
OKX SOON-USDT-SWAP+0.0547%4h0.1944+0.083%$1.9M$481K20xas long as short
Extended SOON-USDlong+0.0560%1h0.1942long leg$6K$188K5x
Binance SOONUSDT+0.0562%4h0.1943+0.030%$7.9M$2.0M50xas long as short
Gate SOON_USDT+0.0758%4h0.1937−0.277%$3.2M$124K50xas long as short
Aster SOONUSDT+0.0906%4h0.1941−0.069%$189K$3K5xas long as short
Bitget SOONUSDT+0.0936%4h0.1939−0.174%$9.1M$277K25xas long as short
Variational Omni SOON+0.1434%4h0.1930−0.655%$237K$20Kas long as short
BingX SOON-USDTshort+0.1818%4h0.1939−0.174%$6.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.1886%4h0.1931−0.607%$2.5M$1.2M25xas long as short