Funding you earn now, next payment 02:00 UTC+0.0393%/8h= +43.1% APRpaid last 24h +0.111%
Price spread now: Bitget against Kraken Futures+0.281%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.281% dearer against Kraken Futures than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1946 | 0.0709 | pay 0.0089% / 1h | 42m 36s | $11K | $1K | 10x |
| Short | Bitget SOONUSDT | 0.1951 | 0.1102 | get 0.0551% / 4h | 2h 42m | $9.1M | $246K | 25x |
Kraken Futures PF_SOONUSD
Bitget SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $82.63
- Price spread: +0.281% → 0.000%
- $28.05
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $88.69
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 5.12 bp | 29.0 bp −$29 | 165.0 bp −$1,650 | doesn't fit | 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 | 0.1953 | +0.368% | $1.8M | $3.2M | 50x | as long as short |
| Binance SOONUSDT | +0.0333% | 4h | 0.1951 | +0.305% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0336% | 1h | 0.1951 | +0.290% | $6K | $195K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0428% | 4h | 0.1953 | +0.383% | $2.0M | $451K | 20x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0709% | 1h | 0.1946 | long leg | $11K | $1K | 10x | |
| Aster SOONUSDT | +0.0967% | 4h | 0.1953 | +0.396% | $190K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.1094% | 4h | 0.1950 | +0.229% | $3.2M | $112K | 50x | as long as short |
| Bitget SOONUSDTshort | +0.1102% | 4h | 0.1951 | +0.281% | $9.1M | $246K | 25x | |
| Bybit SOONUSDT | +0.1390% | 4h | 0.1936 | −0.490% | $2.5M | $1.2M | 25x | as long as short |
| BingX SOON-USDT | +0.1610% | 4h | 0.1948 | +0.126% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bybit SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2428% | 4h | 0.1940 | −0.300% | $239K | $20K | — | as long as short |
Variational Omni SOON