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

SOON

all SOON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.020%
Price spread now: Extended against Binance−0.027%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1841.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.027%, 7d avg −0.035%
Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOONUSDT0.19700.0475pay 0.0237% / 4h2h 20m$8.1M$2.0M50x
ShortExtended SOON-USD0.19690.0464get 0.0058% / 1h20m 24s$6K$194K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
−$2.26
Price spread: −0.027% → −0.035%
$0.75
Slippage, 4 orders
−$168.52
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$185.02
Costs to cover
1.835%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Extended: live order book, 46 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 Binance live order book, 4 min ago2.54 bp34.6 bp −$35268.6 bp −$2,686doesn't fitdoesn't fit
Sell Extended live order book, 46 min ago2.29 bp12.5 bp −$13339.5 bp −$3,395doesn'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
KuCoin SOONUSDTM+0.0100%4h0.1973+0.132%$1.8M$3.2M50xas long as short
Extended SOON-USDshort+0.0464%1h0.1969−0.027%$6K$194K5x
Binance SOONUSDTlong+0.0475%4h0.1970long leg$8.1M$2.0M50x
OKX SOON-USDT-SWAP+0.0543%4h0.1972+0.102%$2.0M$460K20xas long as short
Kraken Futures PF_SOONUSD+0.0702%1h0.1964−0.325%$11K$2K10xas long as short
Aster SOONUSDT+0.1053%4h0.1971+0.051%$192K$3K5xas long as short
Bitget SOONUSDT+0.1070%4h0.19700.000%$9.2M$256K25xas long as short
Gate SOON_USDT+0.1190%4h0.1967−0.152%$3.2M$116K50xas long as short
BingX SOON-USDT+0.2434%4h0.1967−0.152%$6.7Mas long as short
Variational Omni SOON+0.2501%4h0.1959−0.551%$241K$20Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.2748%4h0.1959−0.558%$2.6M$1.2M25xas long as short