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 01:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.076%
Price spread now: Extended against KuCoin−0.026%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$573as in the Price arb table
costs, in and out, $10k−$5675.669% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.275%+$28 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.026%, 7d avg +0.034%
Together, before fees+0.262%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.034%). If the spread goes back, that is −$6 on $10k: about 44 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOONUSDTM0.19630.0100pay 0.0050% / 4h3h 58m$1.8M$3.1M50x
ShortExtended SOON-USD0.19630.0208get 0.0026% / 1h58m 29s$7K$202K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$22.68
Price spread: −0.026% → +0.034%
−$5.95
Slippage, 4 orders
−$549.85
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$550.12
Costs to cover
5.669%
Break-even
176.8 days
Slippage from KuCoin: live order book, 9 min ago; Extended: live order book, 13 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 KuCoin live order book, 9 min ago3.58 bp242.0 bp −$242doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 13 min ago9.71 bp24.3 bp −$24360.5 bp −$3,605doesn'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
KuCoin SOONUSDTMlong+0.0100%4h0.1963long leg$1.8M$3.1M50x
Extended SOON-USDshort+0.0208%1h0.1963−0.026%$7K$202K5x
Binance SOONUSDT+0.0214%4h0.1963−0.016%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0429%4h0.1963−0.005%$2.0M$442K20xas long as short
Kraken Futures PF_SOONUSD+0.0531%1h0.1956−0.356%$11K$1K10xas long as short
Aster SOONUSDT+0.0910%4h0.1956−0.362%$190K$2K5xas long as short
Bitget SOONUSDT+0.1068%4h0.1962−0.056%$9.2M$217K25xas long as short
Gate SOON_USDT+0.1394%4h0.1959−0.209%$3.2M$106K50xas long as short
Bybit SOONUSDT+0.3202%4h0.1946−0.871%$2.5M$1.1M25xas long as short
Variational Omni SOON+0.3414%4h0.1949−0.706%$223K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.3670%4h0.1959−0.209%$6.7Mas long as short