Funding you earn now, next payment 03:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.084%
Price spread now: Extended against KuCoin+0.002%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$840as in the Funding arb table
Net, price: spread back to 7d avg − costs−$871as in the Price arb table
costs, in and out, $10k−$8688.682% of the position
Funding, last 7 days+0.281%+$28 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.002%, 7d avg +0.032%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.032%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.281% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.281% in total (about 14.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1953 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $1.8M | $3.2M | 50x |
| Short | Extended SOON-USD | 0.1953 | 0.0616 | get 0.0077% / 1h | 28m 06s | $6K | $191K | 5x |
KuCoin SOONUSDTM
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $108.36
- Price spread: +0.002% → +0.032%
- −$2.98
- Slippage, 4 orders
- −$851.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$762.86
- Costs to cover
- 8.682%
- Break-even
- 56.3 days
Slippage from KuCoin: live order book, 9 min ago; Extended: live order book, 33 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 KuCoin live order book, 9 min ago | 4.35 bp | 330.1 bp −$330 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 33 min ago | 6.36 bp | 13.0 bp −$13 | 346.7 bp −$3,467 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1953 | long leg | $1.8M | $3.2M | 50x | |
| OKX SOON-USDT-SWAP | +0.0541% | 4h | 0.1954 | +0.031% | $2.0M | $460K | 20x | as long as short |
| Binance SOONUSDT | +0.0613% | 4h | 0.1954 | +0.031% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USDshort | +0.0616% | 1h | 0.1953 | +0.002% | $6K | $191K | 5x | |
| Kraken Futures PF_SOONUSD | +0.0767% | 1h | 0.1948 | −0.294% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0814% | 4h | 0.1951 | −0.123% | $3.2M | $119K | 50x | as long as short |
| Aster SOONUSDT | +0.1001% | 4h | 0.1955 | +0.073% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1014% | 4h | 0.1953 | −0.020% | $9.1M | $255K | 25x | as long as short |
| Variational Omni SOON | +0.1982% | 4h | 0.1943 | −0.553% | $239K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2082% | 4h | 0.1950 | −0.174% | — | $6.7M | — | as long as short |
OKX SOON-USDT-SWAP
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2223% | 4h | 0.1940 | −0.686% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT