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 20:00 UTC−0.0381%/8hpaid last 24h −0.037%
Price spread now: Kraken Futures against Bitget−0.192%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.192% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOONUSDT0.19340.0360pay 0.0180% / 4h4m 58s$9.1M$206K25x
ShortKraken Futures PF_SOONUSD0.1930−0.0021pay 0.0003% / 1h4m 58s$11K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$79.95
Price spread: −0.192% → 0.000%
−$19.16
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$121.11
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.58 bp26.7 bp −$27266.9 bp −$2,669doesn't fitdoesn'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 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
Kraken Futures PF_SOONUSDshort−0.0021%1h0.1930−0.192%$11K$1K10x
BingX SOON-USDT+0.0070%4h0.1935+0.052%$6.7Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1935+0.052%$1.9M$418K20xas long as short
Gate SOON_USDT+0.0100%4h0.1931−0.155%$3.1M$90K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1935+0.041%$1.8M$3.1M50xas long as short
Bitget SOONUSDTlong+0.0360%4h0.1934long leg$9.1M$206K25x
Binance SOONUSDT+0.0503%4h0.1935+0.052%$7.9M$1.9M50xas long as short
Extended SOON-USD+0.0504%1h0.1935+0.042%$7K$206K5xas long as short
Aster SOONUSDT+0.0833%4h0.1931−0.155%$188K$2K5xas long as short
Variational Omni SOON+0.2685%4h0.1921−0.647%$221K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3186%4h0.1919−0.781%$2.5M$1.1M25xas long as short