Funding you earn now, next payment 08:00 UTC−0.0682%/8h= −74.6% APRnext payment −$3.41 per $10,000 · paid last 24h −0.060%
Price spread now: Binance against Bitget0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now 0.000%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.41 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 | Bitget SOONUSDT | 0.1953 | 0.1016 | pay 0.0508% / 4h | 1h 33m | $9.2M | $303K | 25x |
| Short | Binance SOONUSDT | 0.1953 | 0.0334 | get 0.0167% / 4h | 1h 33m | $8.0M | $2.0M | 50x |
Bitget SOONUSDT
Binance SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$143.16
- Price spread: 0.000% → +0.023%
- −$2.34
- Slippage, 4 orders
- −$99.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$266.91
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Binance: live order book, 6 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 Bitget live order book, just now | 7.68 bp | 26.5 bp −$26 | 202.2 bp −$2,022 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.55 bp | 33.8 bp −$34 | 130.8 bp −$1,308 | doesn't fit | 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 | 0.1952 | −0.031% | $1.8M | $3.5M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0258% | 1h | 0.1948 | −0.253% | $11K | $3K | 10x | as long as short |
| Binance SOONUSDTshort | +0.0334% | 4h | 0.1953 | 0.000% | $8.0M | $2.0M | 50x | |
| Extended SOON-USD | +0.0336% | 1h | 0.1953 | −0.024% | $7K | $191K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0538% | 4h | 0.1954 | +0.051% | $2.0M | $511K | 20x | as long as short |
| Gate SOON_USDT | +0.0684% | 4h | 0.1949 | −0.205% | $3.2M | $143K | 50x | as long as short |
| Aster SOONUSDT | +0.0856% | 4h | 0.1950 | −0.139% | $190K | $3K | 5x | as long as short |
| Variational Omni SOON | +0.0987% | 4h | 0.1945 | −0.401% | $240K | $21K | — | as long as short |
| Bitget SOONUSDTlong | +0.1016% | 4h | 0.1953 | long leg | $9.2M | $303K | 25x | |
| Bybit SOONUSDT | +0.1331% | 4h | 0.1943 | −0.517% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Extended SOON-USD
OKX SOON-USDT-SWAP
Gate SOON_USDT
Aster SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.1430% | 4h | 0.1950 | −0.154% | — | $6.7M | — | as long as short |
BingX SOON-USDT