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 23:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.033%
Price spread now: Extended against Gate+0.327%7-day average +0.206% · you sell dearer than you buy
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3723.716% 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)−0.127%−$13 · spread now +0.327%, 7d avg +0.206%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.122% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.206%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOON_USDT0.19360.0100pay 0.0050% / 4h1h 49m$3.1M$91K50x
ShortExtended SOON-USD0.19420.0176get 0.0022% / 1h49m 47s$7K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$15.96
Price spread: +0.327% → +0.206%
$12.15
Slippage, 4 orders
−$351.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$343.48
Costs to cover
3.716%
Break-even
157.6 days
Slippage from Gate: live order book, 3 min ago; Extended: live order book, 32 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 Gate live order book, 3 min ago5.15 bp88.9 bp −$8913150.8 bp −$131.5Kdoesn't fitdoesn't fit
Sell Extended live order book, 32 min ago9.47 bp50.6 bp −$51doesn'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
BingX SOON-USDT+0.0070%4h0.1938+0.103%$6.7Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1941+0.258%$1.9M$419K20xas long as short
Gate SOON_USDTlong+0.0100%4h0.1936long leg$3.1M$91K50x
KuCoin SOONUSDTM+0.0100%4h0.1942+0.289%$1.8M$3.0M50xas long as short
Binance SOONUSDT+0.0172%4h0.1942+0.332%$7.9M$1.9M50xas long as short
Extended SOON-USDshort+0.0176%1h0.1942+0.327%$7K$207K5x
Kraken Futures PF_SOONUSD+0.0338%1h0.1936+0.013%$11K$1K10xas long as short
Bitget SOONUSDT+0.0464%4h0.1942+0.310%$9.1M$208K25xas long as short
Aster SOONUSDT+0.0705%4h0.1942+0.310%$189K$2K5xas long as short
Variational Omni SOON+0.3704%4h0.1927−0.473%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4205%4h0.1926−0.517%$2.5M$1.1M25xas long as short