Funding you earn now, next payment 11:00 UTC+0.0416%/8h= +45.5% APRpaid last 24h −0.636%
Price spread now: Kraken Futures against BingX−0.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.121% cheaper against BingX than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 23 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1935 | 0.0716 | pay 0.0358% / 4h | 1h 06m | — | $6.7M | — |
| Short | Kraken Futures PF_SOONUSD | 0.1933 | 0.1132 | get 0.0141% / 1h | 6m 08s | $11K | $2K | 10x |
BingX SOON-USDT
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $87.3
- Price spread: −0.121% → 0.000%
- −$12.06
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $55.24
- Costs to cover
- 0.200%
- Break-even
- 2.6 days
Slippage unknown: BingX: live order book, 9 min ago; Kraken Futures: no order-book sample. 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 BingX live order book, 9 min ago | 2.58 bp | 20.2 bp −$20 | 76.8 bp −$768 | 791.0 bp −$79.1K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.207% | $7.9M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1937 | +0.103% | $1.9M | $538K | 20x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1938 | +0.160% | $1.8M | $3.7M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1938 | +0.175% | $7K | $179K | 5x | as long as short |
| Bybit SOONUSDT | +0.0120% | 4h | 0.1930 | −0.264% | $2.6M | $1.2M | 25x | as long as short |
| Variational Omni SOON | +0.0473% | 4h | 0.1929 | −0.310% | $238K | $20K | — | as long as short |
| Gate SOON_USDT | +0.0528% | 4h | 0.1936 | +0.052% | $3.2M | $162K | 50x | as long as short |
| Aster SOONUSDT | +0.0665% | 4h | 0.1937 | +0.090% | $189K | $4K | 5x | as long as short |
| BingX SOON-USDTlong | +0.0716% | 4h | 0.1935 | long leg | — | $6.7M | — | |
| Bitget SOONUSDT | +0.0738% | 4h | 0.1935 | 0.000% | $9.1M | $340K | 25x | as long as short |
Binance SOONUSDT
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Extended SOON-USD
Bybit SOONUSDT
Variational Omni SOON
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSDshort | +0.1132% | 1h | 0.1933 | −0.121% | $11K | $2K | 10x |