Funding you earn now, next payment 23:00 UTC−0.0186%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h +0.047%
Price spread now: Extended against Kraken Futures+0.354%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
=The price spread pays, funding is against you. Extended is 0.354% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.354% now, against zero (this spread has no 7-day history yet)): +$35 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1940 | 0.0338 | pay 0.0042% / 1h | 45m 00s | $11K | $1K | 10x |
| Short | Extended SOON-USD | 0.1946 | 0.0152 | get 0.0019% / 1h | 45m 00s | $7K | $207K | 5x |
Kraken Futures PF_SOONUSD
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$38.98
- Price spread: +0.354% → 0.000%
- $35.38
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.59
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 37 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 Extended live order book, 37 min ago | 9.47 bp | 50.6 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.0070% | 4h | 0.1942 | +0.123% | — | $6.7M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1944 | +0.226% | $1.9M | $421K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1941 | +0.071% | $3.1M | $91K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1945 | +0.267% | $1.8M | $3.0M | 50x | as long as short |
| Binance SOONUSDT | +0.0149% | 4h | 0.1947 | +0.373% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USDshort | +0.0152% | 1h | 0.1946 | +0.354% | $7K | $207K | 5x | |
| Kraken Futures PF_SOONUSDlong | +0.0338% | 1h | 0.1940 | long leg | $11K | $1K | 10x | |
| Bitget SOONUSDT | +0.0484% | 4h | 0.1946 | +0.329% | $9.1M | $208K | 25x | as long as short |
| Aster SOONUSDT | +0.0684% | 4h | 0.1942 | +0.123% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3533% | 4h | 0.1928 | −0.582% | $222K | $4K | — | as long as short |
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
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 | +0.3928% | 4h | 0.1930 | −0.506% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT