Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: KuCoin against Gate+0.351%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$614as in the Price arb table
costs, in and out, $10k−$6346.341% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days−0.285%−$28 · spread now +0.351%, 7d avg +0.148%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.204% dearer against Gate than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1935 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $3.1M | $90K | 50x |
| Short | KuCoin SOONUSDTM | 0.1942 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.8M | $3.0M | 50x |
Gate SOON_USDT
KuCoin SOONUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.351% → +0.148%
- $20.39
- Slippage, 4 orders
- −$607.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$613.74
- Costs to cover
- 6.341%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; KuCoin: live order book, 5 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 | 2.58 bp | 76.3 bp −$76 | 12921.9 bp −$129.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.32 bp | 217.6 bp −$218 | 706.4 bp −$7,064 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSD | +0.0057% | 1h | 0.1929 | −0.301% | $10K | $1K | 10x | as long as short |
| BingX SOON-USDT | +0.0070% | 4h | 0.1939 | +0.207% | — | $6.6M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1941 | +0.310% | $1.9M | $416K | 20x | as long as short |
| Gate SOON_USDTlong | +0.0100% | 4h | 0.1935 | long leg | $3.1M | $90K | 50x | |
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1942 | +0.351% | $1.8M | $3.0M | 50x | |
| Extended SOON-USD | +0.0192% | 1h | 0.1943 | +0.393% | $7K | $207K | 5x | as long as short |
| Binance SOONUSDT | +0.0194% | 4h | 0.1943 | +0.394% | $8.0M | $1.9M | 50x | as long as short |
| Bitget SOONUSDT | +0.0288% | 4h | 0.1937 | +0.103% | $9.1M | $198K | 25x | as long as short |
| Aster SOONUSDT | +0.0577% | 4h | 0.1943 | +0.406% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3774% | 4h | 0.1926 | −0.443% | $221K | $4K | — | as long as short |
Kraken Futures PF_SOONUSD
BingX SOON-USDT
OKX SOON-USDT-SWAP
Extended SOON-USD
Binance SOONUSDT
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.5359% | 4h | 0.1927 | −0.413% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT