Funding you earn now, next payment 05:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.021%
Price spread now: Gate against Kraken Futures+0.220%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 +$9 a day on $10k at the current rate, and Gate is 0.220% dearer against Kraken Futures than usual: you sell high and buy low: +$22 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 | 0.1941 | 0.0434 | pay 0.0054% / 1h | 21m 56s | $11K | $2K | 10x |
| Short | Gate SOON_USDT | 0.1945 | 0.0728 | get 0.0364% / 4h | 3h 21m | $3.2M | $127K | 50x |
Kraken Futures PF_SOONUSD
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $61.72
- Price spread: +0.220% → 0.000%
- $21.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $58.68
- Costs to cover
- 0.250%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: 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 Gate live order book, 1 min ago | 5.14 bp | 100.3 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1950 | +0.498% | $1.8M | $3.4M | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0434% | 1h | 0.1941 | long leg | $11K | $2K | 10x | |
| Gate SOON_USDTshort | +0.0728% | 4h | 0.1945 | +0.220% | $3.2M | $127K | 50x | |
| Binance SOONUSDT | +0.0796% | 4h | 0.1949 | +0.414% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0800% | 1h | 0.1947 | +0.347% | $8K | $184K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0897% | 4h | 0.1949 | +0.426% | $1.9M | $495K | 20x | as long as short |
| Variational Omni SOON | +0.1261% | 4h | 0.1940 | −0.057% | $239K | $20K | — | as long as short |
| Bitget SOONUSDT | +0.1262% | 4h | 0.1949 | +0.426% | $9.2M | $285K | 25x | as long as short |
| Aster SOONUSDT | +0.1360% | 4h | 0.1946 | +0.255% | $189K | $3K | 5x | as long as short |
| Bybit SOONUSDT | +0.1494% | 4h | 0.1938 | −0.167% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Variational Omni SOON
Bitget SOONUSDT
Aster SOONUSDT
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.1640% | 4h | 0.1946 | +0.271% | — | $6.7M | — | as long as short |
BingX SOON-USDT