Funding you earn now, next payment 05:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h +0.008%
Price spread now: Extended against OKX−0.109%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2162.159% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.109%, 7d avg +0.004%
=Together, before fees+0.323%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.112% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.207%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOON-USDT-SWAP | 0.1954 | 0.0885 | pay 0.0442% / 4h | 3h 20m | $2.0M | $496K | 20x |
| Short | Extended SOON-USD | 0.1952 | 0.0784 | get 0.0098% / 1h | 20m 19s | $12K | $193K | 5x |
OKX SOON-USDT-SWAP
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- −$21.2
- Price spread: −0.109% → +0.004%
- −$11.22
- Slippage, 4 orders
- −$200.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$248.3
- Costs to cover
- 2.159%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 31 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 OKX live order book, 2 min ago | 5.13 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 8.96 bp | 14.5 bp −$14 | 347.5 bp −$3,475 | 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 SOONUSDTM | +0.0100% | 4h | 0.1952 | −0.097% | $1.8M | $3.4M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0434% | 1h | 0.1941 | −0.664% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0692% | 4h | 0.1947 | −0.358% | $3.2M | $127K | 50x | as long as short |
| Binance SOONUSDT | +0.0780% | 4h | 0.1952 | −0.100% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USDshort | +0.0784% | 1h | 0.1952 | −0.109% | $12K | $193K | 5x | |
| OKX SOON-USDT-SWAPlong | +0.0885% | 4h | 0.1954 | long leg | $2.0M | $496K | 20x | |
| Variational Omni SOON | +0.1187% | 4h | 0.1942 | −0.606% | $239K | $20K | — | as long as short |
| Bitget SOONUSDT | +0.1254% | 4h | 0.1952 | −0.102% | $9.2M | $285K | 25x | as long as short |
| Aster SOONUSDT | +0.1357% | 4h | 0.1948 | −0.316% | $189K | $3K | 5x | as long as short |
| Bybit SOONUSDT | +0.1600% | 4h | 0.1941 | −0.660% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Binance SOONUSDT
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 | 0.1949 | −0.256% | — | $6.7M | — | as long as short |
BingX SOON-USDT