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 02:00 UTC+0.1274%/8h= +139.5% APRpaid last 24h +0.564%
Price spread now: BingX against Extended−0.260%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1691.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.069%+$107 on $10k
Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.260%, 7d avg −0.106%
Together, before fees+1.258%+ Points / potential airdropExtended: Active · farm board+$126 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.154% cheaper against Extended than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.106%). If the spread goes back, that is −$15 on $10k: about 10 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+1.069% in total) that is about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19540.0336pay 0.0042% / 1h43m 01s$6K$195K5x
ShortBingX SOON-USDT0.19490.1610get 0.0805% / 4h2h 43m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$267.54
Price spread: −0.260% → −0.106%
−$15.38
Slippage, 4 orders
−$154.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
$83.04
Costs to cover
1.691%
Break-even
4.8 days
Slippage from Extended: live order book, 23 min ago; BingX: live order book, 9 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 Extended live order book, 23 min ago2.29 bp114.8 bp −$115534.6 bp −$5,346doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago7.69 bp20.4 bp −$2065.4 bp −$654855.2 bp −$85.5Kdoesn'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%4h0.1953−0.035%$1.8M$3.2M50xas long as short
Binance SOONUSDT+0.0333%4h0.1952−0.107%$8.0M$1.9M50xas long as short
Extended SOON-USDlong+0.0336%1h0.1954long leg$6K$195K5x
OKX SOON-USDT-SWAP+0.0421%4h0.1952−0.107%$2.0M$451K20xas long as short
Kraken Futures PF_SOONUSD+0.0709%1h0.1946−0.437%$11K$1K10xas long as short
Aster SOONUSDT+0.0969%4h0.1954+0.016%$190K$3K5xas long as short
Bitget SOONUSDT+0.1108%4h0.1951−0.158%$9.1M$246K25xas long as short
Gate SOON_USDT+0.1134%4h0.1950−0.209%$3.2M$112K50xas long as short
Bybit SOONUSDT+0.1453%4h0.1938−0.798%$2.5M$1.2M25xas long as short
BingX SOON-USDTshort+0.1610%4h0.1949−0.260%$6.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOON+0.2428%4h0.1940−0.736%$239K$20Kas long as short