Funding you earn now, next payment 23:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h +0.439%
Price spread now: BingX against Kraken Futures+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.126% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1940 | 0.0338 | pay 0.0042% / 1h | 10m 00s | $11K | $1K | 10x |
| Short | BingX SOON-USDT | 0.1942 | 0.0070 | get 0.0035% / 4h | 1h 10m | — | $6.7M | — |
Kraken Futures PF_SOONUSD
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$56.2
- Price spread: +0.126% → 0.000%
- $12.63
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.57
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 2.58 bp | 17.3 bp −$17 | 69.8 bp −$698 | 837.1 bp −$83.7K | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTshort | +0.0070% | 4h | 0.1942 | +0.126% | — | $6.7M | — | |
| Binance SOONUSDT | +0.0100% | 4h | 0.1945 | +0.306% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1945 | +0.281% | $1.9M | $423K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1938 | −0.080% | $3.1M | $92K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1943 | +0.193% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1945 | +0.278% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0338% | 1h | 0.1940 | long leg | $11K | $1K | 10x | |
| Bitget SOONUSDT | +0.0628% | 4h | 0.1943 | +0.178% | $9.1M | $217K | 25x | as long as short |
| Aster SOONUSDT | +0.0647% | 4h | 0.1942 | +0.126% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3100% | 4h | 0.1929 | −0.557% | $221K | $4K | — | as long as short |
Binance SOONUSDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Extended SOON-USD
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 | +0.3354% | 4h | 0.1930 | −0.492% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT