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−0.0460%/8h= −50.4% APRpaid last 24h −0.091%
Price spread now: KuCoin against Extended−0.015%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$920as in the Funding arb table
Net, price: spread back to 7d avg − costs−$889as in the Price arb table
costs, in and out, $10k−$8918.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.015%, 7d avg −0.031%
Together, before fees−0.278%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.287% in total (about -15.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19310.0560pay 0.0070% / 1h44m 53s$6K$188K5x
ShortKuCoin SOONUSDTM0.19310.0100get 0.0050% / 4h44m 53s$1.8M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$96.6
Price spread: −0.015% → −0.031%
$1.61
Slippage, 4 orders
−$873.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$985.81
Costs to cover
8.908%
Break-even
never at this rate
Slippage from Extended: live order book, 12 min ago; KuCoin: live order book, 2 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, 12 min ago10.26 bp125.3 bp −$125559.8 bp −$5,598doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.81 bp302.4 bp −$302700.4 bp −$7,004doesn'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 SOONUSDTMshort+0.0100%4h0.1931−0.015%$1.8M$3.3M50x
OKX SOON-USDT-SWAP+0.0507%4h0.1933+0.099%$1.9M$475K20xas long as short
Kraken Futures PF_SOONUSD+0.0509%1h0.1924−0.369%$10K$2K10xas long as short
Binance SOONUSDT+0.0560%4h0.1931+0.021%$7.9M$2.0M50xas long as short
Extended SOON-USDlong+0.0560%1h0.1931long leg$6K$188K5x
Gate SOON_USDT+0.0672%4h0.1926−0.263%$3.1M$123K50xas long as short
Aster SOONUSDT+0.0853%4h0.1929−0.087%$188K$3K5xas long as short
Bitget SOONUSDT+0.0896%4h0.1932+0.048%$9.1M$273K25xas long as short
Variational Omni SOON+0.1639%4h0.1919−0.618%$236K$20Kas long as short
BingX SOON-USDT+0.1962%4h0.1926−0.263%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.2037%4h0.1920−0.574%$2.5M$1.2M25xas long as short