Funding you earn now, next payment 04:00 UTC+0.1193%/8h= +130.6% APRnext payment +$5.96 per $10,000 · paid last 24h +0.967%
Price spread now: Bybit against Bitget−0.768%7-day average −0.329% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days+1.270%+$127 on $10k
+Price spread, last 7 days+0.547%+$55 · spread now −0.768%, 7d avg −0.329%
=Funding pays, the price is against you. Bybit is 0.439% cheaper against Bitget than usual: you would sell low and buy high (spread −0.768% now, against its 7-day average of −0.329%). If the spread goes back, that is −$44 on $10k: about 29 hours of funding at the current rate (+$36 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1954 | 0.0998 | pay 0.0499% / 4h | 1h 33m | $9.1M | $255K | 25x |
| Short | Bybit SOONUSDT | 0.1939 | 0.2191 | get 0.1095% / 4h | 1h 33m | $2.5M | $1.2M | 25x |
Bitget SOONUSDT
Bybit SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $250.53
- Price spread: −0.768% → −0.329%
- −$43.86
- Slippage, 4 orders
- −$100.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $83.63
- Costs to cover
- 1.230%
- Break-even
- 4.7 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 3 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, 5 min ago | 5.13 bp | 36.6 bp −$37 | 273.1 bp −$2,731 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.58 bp | 35.7 bp −$36 | doesn't fit | 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 | 0.1954 | −0.015% | $1.8M | $3.2M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0525% | 4h | 0.1954 | 0.000% | $2.0M | $459K | 20x | as long as short |
| Binance SOONUSDT | +0.0575% | 4h | 0.1954 | −0.025% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0576% | 1h | 0.1953 | −0.050% | $6K | $195K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0768% | 1h | 0.1944 | −0.536% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0782% | 4h | 0.1949 | −0.256% | $3.2M | $119K | 50x | as long as short |
| Aster SOONUSDT | +0.0961% | 4h | 0.1953 | −0.063% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDTlong | +0.0998% | 4h | 0.1954 | long leg | $9.1M | $255K | 25x | |
| Variational Omni SOON | +0.2118% | 4h | 0.1939 | −0.787% | $239K | $20K | — | as long as short |
| Bybit SOONUSDTshort | +0.2191% | 4h | 0.1939 | −0.768% | $2.5M | $1.2M | 25x |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.2262% | 4h | 0.1949 | −0.256% | — | $6.7M | — | as long as short |
BingX SOON-USDT