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 00:00 UTC+0.0234%/8h= +25.6% APRnext payment +$1.17 per $10,000 · paid last 24h +0.085%
Price spread now: Bybit against Variational Omni−0.130%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.287%+$29 on $10k
Price spread, last 3 days (all we have)+0.142%+$14 · spread now −0.130%, 7d avg −0.038%
Together, before fees+0.429%+ Points / potential airdropVariational Omni: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.092% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.038%). If the spread goes back, that is −$9 on $10k: about 31 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SOON0.19400.3596pay 0.1798% / 4h12m 12s$223K$4K
ShortBybit SOONUSDT0.19380.3830get 0.1915% / 4h12m 12s$2.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$49.14
Price spread: −0.130% → −0.038%
−$9.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$28.97
Costs to cover
0.110%
Break-even
2.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago12.88 bpdoesn't fit497.3 bp −$4,973doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago7.73 bp47.3 bp −$47doesn't fitdoesn'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
Gate SOON_USDT+0.0100%4h0.1951+0.556%$3.2M$92K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1955+0.757%$1.8M$3.1M50xas long as short
Binance SOONUSDT+0.0101%4h0.1956+0.790%$8.0M$1.9M50xas long as short
Extended SOON-USD+0.0104%1h0.1955+0.772%$7K$207K5xas long as short
Kraken Futures PF_SOONUSD+0.0107%1h0.1946+0.293%$11K$1K10xas long as short
OKX SOON-USDT-SWAP+0.0262%4h0.1956+0.813%$2.0M$433K20xas long as short
Aster SOONUSDT+0.0799%4h0.1955+0.764%$190K$2K5xas long as short
Bitget SOONUSDT+0.0954%4h0.1955+0.762%$9.1M$219K25xas long as short
Variational Omni SOONlong+0.3596%4h0.1940long leg$223K$4K
BingX SOON-USDT+0.3718%4h0.1951+0.556%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDTshort+0.3830%4h0.1938−0.130%$2.5M$1.1M25x