Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.207%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2822.816% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.299%−$30 · spread now +0.207%, 7d avg +0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.096% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1936 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $3.1M | $91K | 50x |
| Short | OKX SOON-USDT-SWAP | 0.1940 | 0.0100 | get 0.0050% / 4h | 2h 01m | $1.9M | $420K | 20x |
Gate SOON_USDT
OKX SOON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.207% → +0.110%
- $9.62
- Slippage, 4 orders
- −$256.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$271.97
- Costs to cover
- 2.816%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 6 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, 2 min ago | 5.16 bp | 85.5 bp −$85 | 12900.9 bp −$129.0K | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 5.16 bp | 51.3 bp −$51 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSD | +0.0057% | 1h | 0.1935 | −0.058% | $11K | $1K | 10x | as long as short |
| BingX SOON-USDT | +0.0070% | 4h | 0.1939 | +0.155% | — | $6.7M | — | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0100% | 4h | 0.1940 | +0.207% | $1.9M | $420K | 20x | |
| Gate SOON_USDTlong | +0.0100% | 4h | 0.1936 | long leg | $3.1M | $91K | 50x | |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1940 | +0.207% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USD | +0.0240% | 1h | 0.1941 | +0.256% | $7K | $207K | 5x | as long as short |
| Binance SOONUSDT | +0.0242% | 4h | 0.1941 | +0.283% | $7.9M | $1.9M | 50x | as long as short |
| Bitget SOONUSDT | +0.0442% | 4h | 0.1940 | +0.207% | $9.1M | $205K | 25x | as long as short |
| Aster SOONUSDT | +0.0720% | 4h | 0.1941 | +0.249% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3702% | 4h | 0.1927 | −0.469% | $221K | $4K | — | as long as short |
Kraken Futures PF_SOONUSD
BingX SOON-USDT
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.4380% | 4h | 0.1925 | −0.568% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT