Funding you earn now, next payment 04:00 UTC−0.1558%/8h= −170.6% APRnext payment −$7.79 per $10,000 · paid last 24h −1.071%
Price spread now: Gate against Bybit+0.398%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$2082.079% of the position
Funding, last 7 days−1.588%−$159 on $10k
+Price spread, last 7 days−0.250%−$25 · spread now +0.398%, 7d avg +0.147%
=The price spread pays, funding is against you. Gate is 0.251% dearer against Bybit than usual: you sell high and buy low (spread +0.398% now, against its 7-day average of +0.147%): +$25 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−1.588% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1959 | 0.2748 | pay 0.1374% / 4h | 2h 20m | $2.6M | $1.2M | 25x |
| Short | Gate SOON_USDT | 0.1967 | 0.1190 | get 0.0595% / 4h | 2h 20m | $3.2M | $116K | 50x |
Bybit SOONUSDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$327.1
- Price spread: +0.398% → +0.147%
- $25.09
- Slippage, 4 orders
- −$181.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$509.94
- Costs to cover
- 2.079%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago | 2.55 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.08 bp | 70.0 bp −$70 | 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 | 0.1973 | +0.679% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USD | +0.0472% | 1h | 0.1970 | +0.545% | $6K | $194K | 5x | as long as short |
| Binance SOONUSDT | +0.0475% | 4h | 0.1970 | +0.570% | $8.1M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0545% | 4h | 0.1971 | +0.602% | $2.0M | $460K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0702% | 1h | 0.1964 | +0.228% | $11K | $2K | 10x | as long as short |
| Aster SOONUSDT | +0.1053% | 4h | 0.1971 | +0.602% | $192K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1070% | 4h | 0.1971 | +0.602% | $9.2M | $256K | 25x | as long as short |
| Gate SOON_USDTshort | +0.1190% | 4h | 0.1967 | +0.398% | $3.2M | $116K | 50x | |
| BingX SOON-USDT | +0.2434% | 4h | 0.1967 | +0.398% | — | $6.7M | — | as long as short |
| Variational Omni SOON | +0.2501% | 4h | 0.1959 | −0.003% | $241K | $20K | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
BingX SOON-USDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTlong | +0.2748% | 4h | 0.1959 | long leg | $2.6M | $1.2M | 25x |