Funding you earn now, next payment 12:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h −0.615%
Price spread now: Gate against BingX0.000%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days−1.336%−$134 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now 0.000%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.074% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −1.336%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1936 | 0.0546 | pay 0.0273% / 4h | 10m 22s | — | $6.7M | — |
| Short | Gate SOON_USDT | 0.1936 | 0.0672 | get 0.0336% / 4h | 10m 22s | $3.2M | $194K | 50x |
BingX SOON-USDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $26.46
- Price spread: 0.000% → −0.074%
- $7.43
- Slippage, 4 orders
- −$108.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.92
- Costs to cover
- 1.338%
- Break-even
- 33.4 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 1 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 BingX live order book, 5 min ago | 2.58 bp | 14.4 bp −$14 | 59.4 bp −$594 | 786.1 bp −$78.6K | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.16 bp | 46.2 bp −$46 | doesn't fit | 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 | 0.1939 | +0.153% | $7.9M | $1.8M | 50x | as long as short |
| Bybit SOONUSDT | +0.0100% | 4h | 0.1931 | −0.258% | $2.6M | $1.2M | 25x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1939 | +0.155% | $1.9M | $542K | 20x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1938 | +0.083% | $1.8M | $3.7M | 50x | as long as short |
| Variational Omni SOON | +0.0100% | 4h | 0.1930 | −0.312% | $238K | $19K | — | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1938 | +0.122% | $7K | $219K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0265% | 1h | 0.1935 | −0.039% | $11K | $2K | 10x | as long as short |
| BingX SOON-USDTlong | +0.0546% | 4h | 0.1936 | long leg | — | $6.7M | — | |
| Bitget SOONUSDT | +0.0572% | 4h | 0.1937 | +0.052% | $9.1M | $336K | 25x | as long as short |
| Aster SOONUSDT | +0.0586% | 4h | 0.1935 | −0.052% | $188K | $3K | 5x | as long as short |
Binance SOONUSDT
Bybit SOONUSDT
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Variational Omni SOON
Extended SOON-USD
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Aster SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOON_USDTshort | +0.0672% | 4h | 0.1936 | 0.000% | $3.2M | $194K | 50x |