Funding you earn now, next payment 05:00 UTC+0.1721%/8h= +188.5% APRpaid last 24h +0.661%
Price spread now: BingX against Kraken Futures−0.127%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.127% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 6 hours of funding at the current rate (+$52 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1947 | 0.0433 | pay 0.0054% / 1h | 45m 43s | $11K | $2K | 10x |
| Short | BingX SOON-USDT | 0.1945 | 0.2154 | get 0.1077% / 4h | 3h 45m | — | $6.7M | — |
Kraken Futures PF_SOONUSD
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $361.5
- Price spread: −0.127% → 0.000%
- −$12.72
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $328.77
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 2.56 bp | 16.9 bp −$17 | 75.2 bp −$752 | 877.0 bp −$87.7K | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1950 | +0.135% | $1.8M | $3.3M | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0433% | 1h | 0.1947 | long leg | $11K | $2K | 10x | |
| Binance SOONUSDT | +0.0712% | 4h | 0.1949 | +0.098% | $8.0M | $2.0M | 50x | as long as short |
| Gate SOON_USDT | +0.0716% | 4h | 0.1945 | −0.127% | $3.2M | $126K | 50x | as long as short |
| Extended SOON-USD | +0.0720% | 1h | 0.1949 | +0.072% | $8K | $189K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0780% | 4h | 0.1950 | +0.129% | $2.0M | $488K | 20x | as long as short |
| Bybit SOONUSDT | +0.0915% | 4h | 0.1939 | −0.420% | $2.5M | $1.2M | 25x | as long as short |
| Bitget SOONUSDT | +0.1086% | 4h | 0.1949 | +0.078% | $9.1M | $270K | 25x | as long as short |
| Variational Omni SOON | +0.1209% | 4h | 0.1939 | −0.453% | $239K | $20K | — | as long as short |
| Aster SOONUSDT | +0.1241% | 4h | 0.1947 | −0.037% | $189K | $3K | 5x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Gate SOON_USDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Bybit SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Aster SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTshort | +0.2154% | 4h | 0.1945 | −0.127% | — | $6.7M | — |