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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOON-USDT-SWAP | 0.1941 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $1.9M | $421K | 20x |
| Short | Gate SOON_USDT | 0.1936 | 0.0100 | get 0.0050% / 4h | 1h 16m | $3.1M | $92K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 2.58 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.16 bp | 94.3 bp −$94 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.0070% | 4h | 0.1939 | −0.103% | — | $6.7M | — | as long as short |
| Binance SOONUSDT | +0.0100% | 4h | 0.1942 | +0.067% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAPlong | +0.0100% | 4h | 0.1941 | long leg | $1.9M | $421K | 20x | |
| Gate SOON_USDTshort | +0.0100% | 4h | 0.1936 | −0.258% | $3.1M | $92K | 50x | |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1941 | −0.005% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1942 | +0.048% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1935 | −0.295% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDT | +0.0574% | 4h | 0.1943 | +0.103% | $9.1M | $217K | 25x | as long as short |
| Aster SOONUSDT | +0.0620% | 4h | 0.1941 | +0.010% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3155% | 4h | 0.1931 | −0.528% | $221K | $4K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3284% | 4h | 0.1925 | −0.799% | $2.5M | $1.1M | 25x | as long as short |
OKX SOON-USDT-SWAP
Gate SOON_USDT
BingX SOON-USDT
Binance SOONUSDT
KuCoin SOONUSDTM
Extended SOON-USD
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOON
Bybit SOONUSDT