Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.033%
Price spread now: Gate against Extended−0.269%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3333.333% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.269%, 7d avg −0.206%
=Together, before fees−0.066%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.063% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.206%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOON-USD | 0.1948 | 0.0168 | pay 0.0021% / 1h | 34m 29s | $7K | $207K | 5x |
| Short | Gate SOON_USDT | 0.1943 | 0.0112 | get 0.0056% / 4h | 34m 29s | $3.2M | $92K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$11.76
- Price spread: −0.269% → −0.206%
- −$6.34
- Slippage, 4 orders
- −$313.33
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$351.44
- Costs to cover
- 3.333%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 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 Extended live order book, 42 min ago | 7.98 bp | 145.4 bp −$145 | 598.3 bp −$5,983 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.14 bp | 91.6 bp −$92 | 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 | 0.1948 | −0.013% | $1.8M | $3.1M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0108% | 1h | 0.1942 | −0.315% | $11K | $1K | 10x | as long as short |
| Gate SOON_USDTshort | +0.0112% | 4h | 0.1943 | −0.269% | $3.2M | $92K | 50x | |
| BingX SOON-USDT | +0.0134% | 4h | 0.1945 | −0.167% | — | $6.7M | — | as long as short |
| Binance SOONUSDT | +0.0164% | 4h | 0.1948 | +0.002% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USDlong | +0.0168% | 1h | 0.1948 | long leg | $7K | $207K | 5x | |
| OKX SOON-USDT-SWAP | +0.0201% | 4h | 0.1949 | +0.039% | $1.9M | $429K | 20x | as long as short |
| Aster SOONUSDT | +0.0880% | 4h | 0.1946 | −0.113% | $189K | $2K | 5x | as long as short |
| Bitget SOONUSDT | +0.0882% | 4h | 0.1948 | −0.013% | $9.1M | $219K | 25x | as long as short |
| Variational Omni SOON | +0.3332% | 4h | 0.1934 | −0.743% | $222K | $4K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3698% | 4h | 0.1933 | −0.757% | $2.5M | $1.1M | 25x | as long as short |
Extended SOON-USD
Gate SOON_USDT
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
BingX SOON-USDT
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Bybit SOONUSDT