SOON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.3279%/8h= −359.0% APRnext payment −$16.39 per $10,000 · paid last 24h −0.799%

Price spread now: Gate against Variational Omni+0.505%7-day average +0.163% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.961%−$96 on $10k

Price spread, last 3 days (all we have)−0.475%−$47 · spread now +0.505%, 7d avg +0.163%

Together, before fees−1.436%+ Points / potential airdropVariational Omni: Active · farm board−$144 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.342% dearer against Variational Omni than usual: you sell high and buy low (spread +0.505% now, against its 7-day average of +0.163%): +$34 on $10k if it goes back. Holding the pair costs −$98 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 3 days (−0.961% in total) that is about 28 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.961% in total (about -107.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.39 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	Variational Omni SOON	0.1925	0.3379	pay 0.1689% / 4h	1h 32m	$221K	$4K	—
Short	Gate SOON_USDT	0.1935	0.0100	get 0.0050% / 4h	1h 32m	$3.1M	$91K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee GatebpOrdersPrice spread, now +0.505%Rate

Funding earned: −$688.58
Price spread: +0.505% → +0.163%: $34.21
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$669.37
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Gate: live order book, 1 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 52 min ago	7.75 bp	doesn't fit	566.0 bp −$5,660	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	5.17 bp	109.1 bp −$109	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	0.1937	+0.609%	—	$6.7M	—	as long as short
Binance SOONUSDT	+0.0100%	4h	0.1940	+0.771%	$7.9M	$1.9M	50x	as long as short
OKX SOON-USDT-SWAP	+0.0100%	4h	0.1941	+0.817%	$1.9M	$422K	20x	as long as short
Gate SOON_USDTshort	+0.0100%	4h	0.1935	+0.505%	$3.1M	$91K	50x
KuCoin SOONUSDTM	+0.0100%	4h	0.1938	+0.682%	$1.8M	$3.0M	50x	as long as short
Extended SOON-USD	+0.0104%	1h	0.1940	+0.752%	$7K	$207K	5x	as long as short
Kraken Futures PF_SOONUSD	+0.0338%	1h	0.1936	+0.556%	$11K	$1K	10x	as long as short
Bitget SOONUSDT	+0.0518%	4h	0.1941	+0.817%	$9.1M	$217K	25x	as long as short
Aster SOONUSDT	+0.0657%	4h	0.1939	+0.709%	$189K	$2K	5x	as long as short
Variational Omni SOONlong	+0.3379%	4h	0.1925	long leg	$221K	$4K	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOONUSDT	+0.3495%	4h	0.1924	−0.066%	$2.5M	$1.1M	25x	as long as short