Funding you earn now, next payment 09:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h +0.036%
Price spread now: Gate against Kraken Futures+0.124%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. Gate is 0.124% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1952 | 0.0661 | pay 0.0083% / 1h | 39m 06s | $11K | $3K | 10x |
| Short | Gate SOON_USDT | 0.1954 | 0.0642 | get 0.0321% / 4h | 3h 39m | $3.2M | $141K | 50x |
Kraken Futures PF_SOONUSD
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.92
- Price spread: +0.124% → 0.000%
- $12.44
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$16.48
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 5.11 bp | 89.4 bp −$89 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1959 | +0.360% | $1.8M | $3.6M | 50x | as long as short |
| Binance SOONUSDT | +0.0140% | 4h | 0.1957 | +0.278% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0144% | 1h | 0.1956 | +0.251% | $6K | $181K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0167% | 4h | 0.1958 | +0.329% | $2.0M | $515K | 20x | as long as short |
| Gate SOON_USDTshort | +0.0642% | 4h | 0.1954 | +0.124% | $3.2M | $141K | 50x | |
| Kraken Futures PF_SOONUSDlong | +0.0661% | 1h | 0.1952 | long leg | $11K | $3K | 10x | |
| Aster SOONUSDT | +0.0667% | 4h | 0.1957 | +0.294% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.0890% | 4h | 0.1956 | +0.227% | $9.2M | $317K | 25x | as long as short |
| Variational Omni SOON | +0.2377% | 4h | 0.1946 | −0.276% | $241K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.3634% | 4h | 0.1946 | −0.265% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.4856% | 4h | 0.1955 | +0.176% | — | $6.7M | — | as long as short |
BingX SOON-USDT