Funding you earn now, next payment 00:00 UTC+0.0762%/8h= +83.4% APRnext payment +$3.81 per $10,000 · paid last 24h +0.057%
Price spread now: Bitget against Gate+0.154%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2232.233% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 7 days−0.164%−$16 · spread now +0.154%, 7d avg +0.172%
=The price spread sits at its 7-day average of +0.172%, so right now this pair is about funding alone: +$23 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 0.271% in total (about 14.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1945 | 0.0132 | pay 0.0066% / 4h | 37m 14s | $3.2M | $92K | 50x |
| Short | Bitget SOONUSDT | 0.1948 | 0.0894 | get 0.0447% / 4h | 37m 14s | $9.1M | $219K | 25x |
Gate SOON_USDT
Bitget SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $160.02
- Price spread: +0.154% → +0.172%
- −$1.82
- Slippage, 4 orders
- −$196.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.12
- Costs to cover
- 2.233%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 6 min ago; Bitget: live order book, 1 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 Gate live order book, 6 min ago | 5.13 bp | 86.0 bp −$86 | 12608.0 bp −$126.1K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.13 bp | 25.2 bp −$25 | 170.0 bp −$1,700 | 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 | 0.1947 | +0.123% | $1.8M | $3.1M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0108% | 1h | 0.1940 | −0.257% | $11K | $1K | 10x | as long as short |
| Gate SOON_USDTlong | +0.0132% | 4h | 0.1945 | long leg | $3.2M | $92K | 50x | |
| BingX SOON-USDT | +0.0134% | 4h | 0.1945 | 0.000% | — | $6.7M | — | as long as short |
| Binance SOONUSDT | +0.0182% | 4h | 0.1949 | +0.192% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0184% | 1h | 0.1948 | +0.175% | $7K | $207K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0204% | 4h | 0.1948 | +0.154% | $1.9M | $429K | 20x | as long as short |
| Bitget SOONUSDTshort | +0.0894% | 4h | 0.1948 | +0.154% | $9.1M | $219K | 25x | |
| Aster SOONUSDT | +0.0901% | 4h | 0.1947 | +0.096% | $190K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3302% | 4h | 0.1938 | −0.372% | $223K | $4K | — | as long as short |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
BingX SOON-USDT
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3667% | 4h | 0.1933 | −0.617% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT