Funding you earn now, next payment 12:00 UTC+0.0560%/8h= +61.3% APRnext payment +$2.80 per $10,000 · paid last 24h +0.232%
Price spread now: Bitget against KuCoin−0.098%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$863as in the Funding arb table
Net, price: spread back to 7d avg − costs−$925as in the Price arb table
costs, in and out, $10k−$9129.122% of the position
Funding, last 7 days+0.497%+$50 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.098%, 7d avg +0.026%
=Funding pays, the price is against you. Bitget is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.026%). If the spread goes back, that is −$12 on $10k: about 18 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.497% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1933 | 0.0100 | pay 0.0050% / 4h | 52m 30s | $1.8M | $3.7M | 50x |
| Short | Bitget SOONUSDT | 0.1931 | 0.0660 | get 0.0330% / 4h | 52m 30s | $9.1M | $341K | 25x |
KuCoin SOONUSDTM
Bitget SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $117.6
- Price spread: −0.098% → +0.026%
- −$12.4
- Slippage, 4 orders
- −$888.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$806.99
- Costs to cover
- 9.122%
- Break-even
- 55.0 days
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 4 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 KuCoin live order book, 3 min ago | 2.84 bp | 441.3 bp −$441 | 747.0 bp −$7,470 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.75 bp | 26.0 bp −$26 | 177.9 bp −$1,779 | doesn't fit | doesn't fit |
SOON on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SOONUSDT | +0.0100% | 4h | 0.1934 | +0.057% | $7.9M | $1.9M | 50x | as long as short |
| Bybit SOONUSDT | +0.0100% | 4h | 0.1925 | −0.409% | $2.6M | $1.2M | 25x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1933 | +0.005% | $1.9M | $537K | 20x | as long as short |
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1933 | long leg | $1.8M | $3.7M | 50x | |
| Extended SOON-USD | +0.0104% | 1h | 0.1933 | +0.011% | $10K | $207K | 5x | as long as short |
| Variational Omni SOON | +0.0212% | 4h | 0.1928 | −0.254% | $238K | $20K | — | as long as short |
| Kraken Futures PF_SOONUSD | +0.0266% | 1h | 0.1930 | −0.139% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0500% | 4h | 0.1930 | −0.150% | $3.2M | $163K | 50x | as long as short |
| Aster SOONUSDT | +0.0600% | 4h | 0.1933 | +0.010% | $188K | $3K | 5x | as long as short |
| Bitget SOONUSDTshort | +0.0660% | 4h | 0.1931 | −0.098% | $9.1M | $341K | 25x |
Binance SOONUSDT
Bybit SOONUSDT
OKX SOON-USDT-SWAP
Extended SOON-USD
Variational Omni SOON
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Aster SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.0666% | 4h | 0.1931 | −0.098% | — | $6.7M | — | as long as short |
BingX SOON-USDT