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 04:00 UTC−0.1192%/8h= −130.5% APRpaid last 24h −0.552%
Price spread now: Extended against BingX+0.200%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1961.957% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.058%−$106 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.200%, 7d avg +0.107%
Together, before fees−1.266%+ Points / potential airdropExtended: Active · farm board−$127 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.094% dearer against BingX than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.107%): +$9 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−1.058% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOON-USDT0.19470.1808pay 0.0904% / 4h24m 46s$6.7M
ShortExtended SOON-USD0.19510.0616get 0.0077% / 1h24m 46s$6K$188K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
−$250.32
Price spread: +0.200% → +0.107%
$9.38
Slippage, 4 orders
−$180.65
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$436.6
Costs to cover
1.957%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Extended: live order book, 32 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 BingX live order book, 12 min ago7.76 bp16.6 bp −$1751.3 bp −$513793.9 bp −$79.4Kdoesn't fit
Sell Extended live order book, 32 min ago10.26 bp37.2 bp −$37382.0 bp −$3,820doesn'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 SOONUSDTM+0.0100%4h0.1949+0.113%$1.8M$3.3M50xas long as short
Kraken Futures PF_SOONUSD+0.0502%1h0.1948+0.037%$11K$2K10xas long as short
Extended SOON-USDshort+0.0616%1h0.1951+0.200%$6K$188K5x
OKX SOON-USDT-SWAP+0.0625%4h0.1951+0.205%$1.9M$483K20xas long as short
Binance SOONUSDT+0.0647%4h0.1951+0.229%$8.0M$2.0M50xas long as short
Gate SOON_USDT+0.0836%4h0.1943−0.205%$3.2M$125K50xas long as short
Bitget SOONUSDT+0.0970%4h0.1943−0.205%$9.1M$276K25xas long as short
Aster SOONUSDT+0.1020%4h0.1943−0.205%$189K$3K5xas long as short
Variational Omni SOON+0.1462%4h0.1936−0.558%$238K$20Kas long as short
BingX SOON-USDTlong+0.1808%4h0.1947long leg$6.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.1991%4h0.1939−0.411%$2.5M$1.2M25xas long as short