Settings8H · net · $10k
Funding arb · Price arb /

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h −0.017%
Price spread now: Gate against Extended−0.176%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3043.041% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.176%, 7d avg −0.205%
Together, before fees−0.175%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.029% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.205%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19550.0776pay 0.0097% / 1h29m 24s$8K$184K5x
ShortGate SOON_USDT0.19520.1084get 0.0542% / 4h3h 29m$3.2M$126K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$64.68
Price spread: −0.176% → −0.205%
$2.89
Slippage, 4 orders
−$284.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$236.57
Costs to cover
3.041%
Break-even
32.6 days
Slippage from Extended: live order book, 22 min ago; Gate: live order book, 4 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, 22 min ago8.96 bp115.3 bp −$115536.6 bp −$5,366doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.12 bp70.8 bp −$71doesn't fitdoesn'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%4h0.1956+0.044%$1.8M$3.4M50xas long as short
Kraken Futures PF_SOONUSD+0.0432%1h0.1949−0.333%$11K$2K10xas long as short
Extended SOON-USDlong+0.0776%1h0.1955long leg$8K$184K5x
Binance SOONUSDT+0.0779%4h0.1956+0.028%$8.0M$2.0M50xas long as short
OKX SOON-USDT-SWAP+0.0925%4h0.1956+0.028%$2.0M$491K20xas long as short
Gate SOON_USDTshort+0.1084%4h0.1952−0.176%$3.2M$126K50x
Bitget SOONUSDT+0.1266%4h0.1956+0.028%$9.2M$283K25xas long as short
Variational Omni SOON+0.1274%4h0.1947−0.449%$239K$20Kas long as short
Aster SOONUSDT+0.1350%4h0.1952−0.188%$190K$3K5xas long as short
BingX SOON-USDT+0.2064%4h0.1954−0.074%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.2529%4h0.1947−0.437%$2.5M$1.2M25xas long as short