Funding you earn now, next payment 02:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h +0.034%
Price spread now: Extended against Gate+0.283%7-day average +0.207% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2852.847% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.283%, 7d avg +0.207%
=Together, before fees+0.063%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.076% dearer against Gate than usual: you sell high and buy low (spread +0.283% now, against its 7-day average of +0.207%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1967 | 0.1210 | pay 0.0605% / 4h | 2h 22m | $3.2M | $115K | 50x |
| Short | Extended SOON-USD | 0.1973 | 0.0440 | get 0.0055% / 1h | 22m 06s | $6K | $193K | 5x |
Gate SOON_USDT
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$161.7
- Price spread: +0.283% → +0.207%
- $7.61
- Slippage, 4 orders
- −$264.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$438.74
- Costs to cover
- 2.847%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Extended: live order book, 44 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, 1 min ago | 5.08 bp | 87.4 bp −$87 | 12405.8 bp −$124.1K | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 2.29 bp | 12.5 bp −$13 | 339.5 bp −$3,395 | 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 | 0.1972 | +0.249% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USDshort | +0.0440% | 1h | 0.1973 | +0.283% | $6K | $193K | 5x | |
| Binance SOONUSDT | +0.0441% | 4h | 0.1972 | +0.254% | $8.1M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0538% | 4h | 0.1972 | +0.254% | $2.0M | $460K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0701% | 1h | 0.1965 | −0.082% | $11K | $2K | 10x | as long as short |
| Aster SOONUSDT | +0.1038% | 4h | 0.1968 | +0.062% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1072% | 4h | 0.1973 | +0.305% | $9.2M | $256K | 25x | as long as short |
| Gate SOON_USDTlong | +0.1210% | 4h | 0.1967 | long leg | $3.2M | $115K | 50x | |
| BingX SOON-USDT | +0.2136% | 4h | 0.1967 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni SOON | +0.2425% | 4h | 0.1957 | −0.525% | $240K | $20K | — | as long as short |
KuCoin SOONUSDTM
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 SOONUSDT | +0.2674% | 4h | 0.1961 | −0.305% | $2.6M | $1.2M | 25x | as long as short |
Bybit SOONUSDT