Funding you earn now, next payment 03:00 UTC−0.1686%/8h= −184.6% APRpaid last 24h −0.559%
Price spread now: Extended against BingX+0.204%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 7 days−1.064%−$106 on $10k
+Price spread, last 4 days (all we have)−0.481%−$48 · spread now +0.204%, 7d avg +0.106%
=Together, before fees−1.545%+ Points / potential airdropExtended: Active · farm board−$155 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.098% dearer against BingX than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of +0.106%): +$10 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−1.064% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.064% in total (about -55.5% a year). A funding rate is set anew for every payment. 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 | BingX SOON-USDT | 0.1949 | 0.2262 | pay 0.1131% / 4h | 1h 33m | — | $6.7M | — |
| Short | Extended SOON-USD | 0.1953 | 0.0576 | get 0.0072% / 1h | 33m 37s | $6K | $195K | 5x |
BingX SOON-USDT
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- −$354.06
- Price spread: +0.204% → +0.106%
- $9.78
- Slippage, 4 orders
- −$172.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$531.98
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Extended: live order book, 28 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 BingX live order book, 4 min ago | 2.57 bp | 18.0 bp −$18 | 73.3 bp −$733 | 846.7 bp −$84.7K | doesn't fit |
| Sell Extended live order book, 28 min ago | 6.36 bp | 13.0 bp −$13 | 346.7 bp −$3,467 | 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 | 0.1954 | +0.241% | $1.8M | $3.2M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0529% | 4h | 0.1954 | +0.257% | $2.0M | $459K | 20x | as long as short |
| Extended SOON-USDshort | +0.0576% | 1h | 0.1953 | +0.204% | $6K | $195K | 5x | |
| Binance SOONUSDT | +0.0582% | 4h | 0.1954 | +0.233% | $8.0M | $1.9M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0768% | 1h | 0.1944 | −0.281% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0778% | 4h | 0.1949 | 0.000% | $3.2M | $119K | 50x | as long as short |
| Aster SOONUSDT | +0.0961% | 4h | 0.1953 | +0.205% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1000% | 4h | 0.1953 | +0.205% | $9.1M | $255K | 25x | as long as short |
| Variational Omni SOON | +0.2118% | 4h | 0.1939 | −0.532% | $239K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.2183% | 4h | 0.1939 | −0.513% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTlong | +0.2262% | 4h | 0.1949 | long leg | — | $6.7M | — |