Funding you earn now, next payment 00:00 UTC−0.3198%/8h= −350.2% APRnext payment −$15.99 per $10,000 · paid last 24h −0.374%
Price spread now: BingX against Variational Omni+0.580%7-day average +0.270% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.174%−$17 on $10k
+Price spread, last 3 days (all we have)−0.345%−$34 · spread now +0.580%, 7d avg +0.270%
=Together, before fees−0.519%+ Points / potential airdropVariational Omni: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.310% dearer against Variational Omni than usual: you sell high and buy low (spread +0.580% now, against its 7-day average of +0.270%): +$31 on $10k if it goes back. Holding the pair costs −$96 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 3 days (−0.174% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.174% in total (about -19.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SOON | 0.1934 | 0.3332 | pay 0.1666% / 4h | 35m 18s | $222K | $4K | — |
| Short | BingX SOON-USDT | 0.1945 | 0.0134 | get 0.0067% / 4h | 35m 18s | — | $6.7M | — |
Variational Omni SOON
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- −$671.6
- Price spread: +0.580% → +0.270%
- $31.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$650.6
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; BingX: live order book, 2 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 Variational Omni RFQ quote, 44 min ago | 10.36 bp | doesn't fit | 621.8 bp −$6,218 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.57 bp | 18.5 bp −$18 | 74.4 bp −$744 | 853.1 bp −$85.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1948 | +0.741% | $1.8M | $3.1M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0108% | 1h | 0.1942 | +0.431% | $11K | $1K | 10x | as long as short |
| Gate SOON_USDT | +0.0118% | 4h | 0.1944 | +0.529% | $3.2M | $92K | 50x | as long as short |
| BingX SOON-USDTshort | +0.0134% | 4h | 0.1945 | +0.580% | — | $6.7M | — | |
| Binance SOONUSDT | +0.0164% | 4h | 0.1948 | +0.754% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0168% | 1h | 0.1948 | +0.733% | $7K | $207K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0201% | 4h | 0.1949 | +0.787% | $1.9M | $429K | 20x | as long as short |
| Aster SOONUSDT | +0.0880% | 4h | 0.1946 | +0.642% | $189K | $2K | 5x | as long as short |
| Bitget SOONUSDT | +0.0884% | 4h | 0.1948 | +0.735% | $9.1M | $219K | 25x | as long as short |
| Variational Omni SOONlong | +0.3332% | 4h | 0.1934 | long leg | $222K | $4K | — |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bitget SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3688% | 4h | 0.1933 | −0.040% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT