Funding you earn now, next payment 04:00 UTC+0.1484%/8h= +162.5% APRnext payment +$7.42 per $10,000 · paid last 24h +0.599%
Price spread now: BingX against Gate0.000%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1951.952% of the position
Funding, last 7 days+1.238%+$124 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now 0.000%, 7d avg +0.077%
=Funding pays, the price is against you. BingX is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.077%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+1.238% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1949 | 0.0778 | pay 0.0389% / 4h | 1h 33m | $3.2M | $119K | 50x |
| Short | BingX SOON-USDT | 0.1949 | 0.2262 | get 0.1131% / 4h | 1h 33m | — | $6.7M | — |
Gate SOON_USDT
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $311.64
- Price spread: 0.000% → +0.077%
- −$7.7
- Slippage, 4 orders
- −$170.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $108.72
- Costs to cover
- 1.952%
- Break-even
- 4.6 days
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 4 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 Gate live order book, 4 min ago | 5.13 bp | 74.0 bp −$74 | 11773.0 bp −$117.7K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.57 bp | 14.6 bp −$15 | 64.3 bp −$643 | 796.1 bp −$79.6K | 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 | 0.1954 | +0.241% | $1.8M | $3.2M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0529% | 4h | 0.1954 | +0.257% | $2.0M | $459K | 20x | as long as short |
| Extended SOON-USD | +0.0576% | 1h | 0.1953 | +0.204% | $6K | $195K | 5x | as long as short |
| Binance SOONUSDT | +0.0582% | 4h | 0.1954 | +0.233% | $8.0M | $1.9M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0768% | 1h | 0.1944 | −0.281% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDTlong | +0.0778% | 4h | 0.1949 | long leg | $3.2M | $119K | 50x | |
| Aster SOONUSDT | +0.0961% | 4h | 0.1953 | +0.205% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1000% | 4h | 0.1953 | +0.205% | $9.1M | $255K | 25x | as long as short |
| Variational Omni SOON | +0.2118% | 4h | 0.1939 | −0.532% | $239K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.2183% | 4h | 0.1939 | −0.513% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Extended SOON-USD
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTshort | +0.2262% | 4h | 0.1949 | 0.000% | — | $6.7M | — |