Funding you earn now, next payment 04:00 UTC+0.1446%/8h= +158.3% APRnext payment +$7.23 per $10,000 · paid last 24h +1.068%
Price spread now: Bybit against Gate−0.461%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2152.148% of the position
Funding, last 7 days+1.585%+$159 on $10k
+Price spread, last 7 days+0.341%+$34 · spread now −0.461%, 7d avg −0.149%
=Funding pays, the price is against you. Bybit is 0.312% cheaper against Gate than usual: you would sell low and buy high (spread −0.461% now, against its 7-day average of −0.149%). If the spread goes back, that is −$31 on $10k: about 17 hours of funding at the current rate (+$43 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1951 | 0.0822 | pay 0.0411% / 4h | 1h 21m | $3.2M | $119K | 50x |
| Short | Bybit SOONUSDT | 0.1942 | 0.2268 | get 0.1134% / 4h | 1h 21m | $2.5M | $1.2M | 25x |
Gate SOON_USDT
Bybit SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $303.58
- Price spread: −0.461% → −0.149%
- −$31.2
- Slippage, 4 orders
- −$188.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $57.54
- Costs to cover
- 2.148%
- Break-even
- 5.7 days
Slippage from Gate: live order book, 2 min ago; Bybit: 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, 2 min ago | 5.12 bp | 76.5 bp −$77 | 12227.1 bp −$122.3K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.57 bp | 26.0 bp −$26 | 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 | 0.1957 | +0.297% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0571% | 4h | 0.1958 | +0.359% | $2.0M | $460K | 20x | as long as short |
| Extended SOON-USD | +0.0640% | 1h | 0.1956 | +0.279% | $6K | $191K | 5x | as long as short |
| Binance SOONUSDT | +0.0642% | 4h | 0.1957 | +0.308% | $8.0M | $1.9M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0766% | 1h | 0.1948 | −0.146% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDTlong | +0.0822% | 4h | 0.1951 | long leg | $3.2M | $119K | 50x | |
| Aster SOONUSDT | +0.1003% | 4h | 0.1955 | +0.205% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1036% | 4h | 0.1957 | +0.308% | $9.2M | $256K | 25x | as long as short |
| Variational Omni SOON | +0.1952% | 4h | 0.1940 | −0.584% | $239K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2062% | 4h | 0.1952 | +0.051% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Extended SOON-USD
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTshort | +0.2268% | 4h | 0.1942 | −0.461% | $2.5M | $1.2M | 25x |