Settings8H · net · $10k
Funding arb · Price arb /

SOON

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19480.0168pay 0.0021% / 1h34m 29s$7K$207K5x
ShortGate SOON_USDT0.19430.0112get 0.0056% / 4h34m 29s$3.2M$92K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 42 min ago7.98 bp145.4 bp −$145598.3 bp −$5,983doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.14 bp91.6 bp −$92doesn'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%4h0.1948−0.013%$1.8M$3.1M50xas long as short
Kraken Futures PF_SOONUSD+0.0108%1h0.1942−0.315%$11K$1K10xas long as short
Gate SOON_USDTshort+0.0112%4h0.1943−0.269%$3.2M$92K50x
BingX SOON-USDT+0.0134%4h0.1945−0.167%$6.7Mas long as short
Binance SOONUSDT+0.0164%4h0.1948+0.002%$8.0M$1.9M50xas long as short
Extended SOON-USDlong+0.0168%1h0.1948long leg$7K$207K5x
OKX SOON-USDT-SWAP+0.0201%4h0.1949+0.039%$1.9M$429K20xas long as short
Aster SOONUSDT+0.0880%4h0.1946−0.113%$189K$2K5xas long as short
Bitget SOONUSDT+0.0882%4h0.1948−0.013%$9.1M$219K25xas long as short
Variational Omni SOON+0.3332%4h0.1934−0.743%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3698%4h0.1933−0.757%$2.5M$1.1M25xas long as short