Funding you earn now, next payment 04:00 UTC+0.0352%/8h= +38.6% APRnext payment +$1.76 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against KuCoin−0.020%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$4664.660% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now −0.020%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 per $10,000. 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 | 0.1957 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $1.8M | $3.1M | 50x |
| Short | OKX SOON-USDT-SWAP | 0.1957 | 0.0452 | get 0.0226% / 4h | 3h 47m | $2.0M | $445K | 20x |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $73.96
- Price spread: −0.020% → −0.033%
- $1.27
- Slippage, 4 orders
- −$444.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$390.79
- Costs to cover
- 4.660%
- Break-even
- 44.0 days
Slippage from KuCoin: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago | 4.33 bp | 203.6 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.54 bp | 32.6 bp −$33 | doesn't fit | 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 | 0.1957 | long leg | $1.8M | $3.1M | 50x | |
| Extended SOON-USD | +0.0256% | 1h | 0.1955 | −0.128% | $7K | $202K | 5x | as long as short |
| Binance SOONUSDT | +0.0258% | 4h | 0.1955 | −0.111% | $8.0M | $1.9M | 50x | as long as short |
| Gate SOON_USDT | +0.0362% | 4h | 0.1955 | −0.123% | $3.2M | $109K | 50x | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0452% | 4h | 0.1957 | −0.020% | $2.0M | $445K | 20x | |
| Kraken Futures PF_SOONUSD | +0.0533% | 1h | 0.1949 | −0.446% | $11K | $1K | 10x | as long as short |
| Aster SOONUSDT | +0.0952% | 4h | 0.1956 | −0.072% | $190K | $2K | 5x | as long as short |
| Bitget SOONUSDT | +0.1100% | 4h | 0.1955 | −0.123% | $9.2M | $224K | 25x | as long as short |
| BingX SOON-USDT | +0.1363% | 4h | 0.1954 | −0.174% | — | $6.7M | — | as long as short |
| Bybit SOONUSDT | +0.1503% | 4h | 0.1941 | −0.833% | $2.5M | $1.1M | 25x | as long as short |
Extended SOON-USD
Binance SOONUSDT
Gate SOON_USDT
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
BingX SOON-USDT
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.3282% | 4h | 0.1951 | −0.342% | $239K | $20K | — | as long as short |
Variational Omni SOON