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 01:00 UTC−0.2025%/8h= −221.8% APRpaid last 24h −1.039%
Price spread now: Extended against Bybit+0.780%7-day average +0.411% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$2172.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.420%−$142 on $10k
Price spread, last 4 days (all we have)−0.525%−$53 · spread now +0.780%, 7d avg +0.411%
Together, before fees−1.946%+ Points / potential airdropExtended: Active · farm board−$195 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.369% dearer against Bybit than usual: you sell high and buy low (spread +0.780% now, against its 7-day average of +0.411%): +$37 on $10k if it goes back. Holding the pair costs −$61 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−1.420% in total) that is about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOONUSDT0.19430.2297pay 0.1149% / 4h3h 29m$2.5M$1.1M25x
ShortExtended SOON-USD0.19580.0272get 0.0034% / 1h29m 50s$7K$202K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
−$425.33
Price spread: +0.780% → +0.411%
$36.88
Slippage, 4 orders
−$200.83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$605.27
Costs to cover
2.168%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago5.14 bp34.1 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 42 min ago9.71 bp24.3 bp −$24360.5 bp −$3,605doesn't fitdoesn't fit

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
KuCoin SOONUSDTM+0.0100%4h0.1960+0.870%$1.8M$3.1M50xas long as short
Binance SOONUSDT+0.0270%4h0.1959+0.802%$8.0M$1.9M50xas long as short
Extended SOON-USDshort+0.0272%1h0.1958+0.780%$7K$202K5x
OKX SOON-USDT-SWAP+0.0429%4h0.1958+0.772%$2.0M$449K20xas long as short
Gate SOON_USDT+0.0452%4h0.1954+0.566%$3.2M$110K50xas long as short
Kraken Futures PF_SOONUSD+0.0532%1h0.1954+0.552%$11K$1K10xas long as short
Aster SOONUSDT+0.0908%4h0.1956+0.669%$190K$2K5xas long as short
Bitget SOONUSDT+0.1022%4h0.1958+0.772%$9.2M$227K25xas long as short
Bybit SOONUSDTlong+0.2297%4h0.1943long leg$2.5M$1.1M25x
BingX SOON-USDT+0.3012%4h0.1954+0.566%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOON+0.3106%4h0.1945+0.087%$239K$20Kas long as short