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

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.3510%/8h= +384.4% APRpaid last 24h +0.766%
Price spread now: Variational Omni against Extended−0.697%7-day average −0.372% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.837%+$84 on $10k
Price spread, last 3 days (all we have)+0.376%+$38 · spread now −0.697%, 7d avg −0.372%
Together, before fees+1.213%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$121 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.326% cheaper against Extended than usual: you would sell low and buy high (spread −0.697% now, against its 7-day average of −0.372%). If the spread goes back, that is −$33 on $10k: about 7 hours of funding at the current rate (+$105 a day). At the pace of the last 3 days (+0.837% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.837% in total (about 93.9% 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-USD0.19420.0184pay 0.0023% / 1h51m 10s$7K$207K5x
ShortVariational Omni SOON0.19280.3694get 0.1847% / 4h1h 51m$221K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$737.16
Price spread: −0.697% → −0.372%
−$32.56
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$699.6
Costs to cover
0.050%
Break-even
0.4 days
Slippage unknown: Extended: live order book, 31 min ago; Variational Omni: RFQ quote, 33 min ago. Net counts fees only.

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, 31 min ago9.47 bp120.5 bp −$121538.5 bp −$5,385doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 33 min ago7.75 bpdoesn't fit302.4 bp −$3,024doesn'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
BingX SOON-USDT+0.0070%4h0.1940−0.097%$6.7Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1941−0.045%$1.9M$419K20xas long as short
Gate SOON_USDT+0.0100%4h0.1937−0.251%$3.1M$91K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1942+0.006%$1.8M$3.0M50xas long as short
Binance SOONUSDT+0.0182%4h0.1943+0.043%$7.9M$1.9M50xas long as short
Extended SOON-USDlong+0.0184%1h0.1942long leg$7K$207K5x
Kraken Futures PF_SOONUSD+0.0338%1h0.1936−0.303%$11K$1K10xas long as short
Bitget SOONUSDT+0.0468%4h0.1942+0.006%$9.1M$208K25xas long as short
Aster SOONUSDT+0.0711%4h0.1942+0.006%$189K$2K5xas long as short
Variational Omni SOONshort+0.3694%4h0.1928−0.697%$221K$4K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4248%4h0.1926−0.817%$2.5M$1.1M25xas long as short