Settings8H · net · $10k
Funding arb · Price arb /

SOON

all SOON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.258%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2612.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 7 days+0.349%+$35 · spread now −0.258%, 7d avg −0.112%
Together, before fees+0.415%+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.145% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOON-USDT-SWAP0.19410.0100pay 0.0050% / 4h1h 16m$1.9M$421K20x
ShortGate SOON_USDT0.19360.0100get 0.0050% / 4h1h 16m$3.1M$92K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.258% → −0.112%
−$14.53
Slippage, 4 orders
−$236.49
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$276.03
Costs to cover
2.615%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago2.58 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.16 bp94.3 bp −$94doesn't fitdoesn't fitdoesn't fit

SOON on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.0070%4h0.1939−0.103%$6.7Mas long as short
Binance SOONUSDT+0.0100%4h0.1942+0.067%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAPlong+0.0100%4h0.1941long leg$1.9M$421K20x
Gate SOON_USDTshort+0.0100%4h0.1936−0.258%$3.1M$92K50x
KuCoin SOONUSDTM+0.0100%4h0.1941−0.005%$1.8M$3.0M50xas long as short
Extended SOON-USD+0.0104%1h0.1942+0.048%$7K$207K5xas long as short
Kraken Futures PF_SOONUSD+0.0338%1h0.1935−0.295%$11K$1K10xas long as short
Bitget SOONUSDT+0.0574%4h0.1943+0.103%$9.1M$217K25xas long as short
Aster SOONUSDT+0.0620%4h0.1941+0.010%$189K$2K5xas long as short
Variational Omni SOON+0.3155%4h0.1931−0.528%$221K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3284%4h0.1925−0.799%$2.5M$1.1M25xas long as short