Funding you earn now, next payment 08:00 UTC−0.0574%/8h= −62.9% APRnext payment −$2.87 per $10,000 · paid last 24h −0.641%
Price spread now: Gate against BingX−0.102%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$351as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2242.236% of the position
Funding, last 7 days−1.277%−$128 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.102%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.026% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1953 | 0.1532 | pay 0.0766% / 4h | 2h 55m | — | $6.7M | — |
| Short | Gate SOON_USDT | 0.1951 | 0.0958 | get 0.0479% / 4h | 2h 55m | $3.2M | $135K | 50x |
BingX SOON-USDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$120.54
- Price spread: −0.102% → −0.076%
- −$2.61
- Slippage, 4 orders
- −$198.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$346.7
- Costs to cover
- 2.236%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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 BingX live order book, 12 min ago | 2.57 bp | 10.8 bp −$11 | 63.6 bp −$636 | 793.7 bp −$79.4K | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.14 bp | 99.7 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1956 | +0.154% | $1.8M | $3.4M | 50x | as long as short |
| Binance SOONUSDT | +0.0732% | 4h | 0.1955 | +0.084% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0736% | 1h | 0.1954 | +0.048% | $6K | $291K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0771% | 1h | 0.1943 | −0.521% | $11K | $2K | 10x | as long as short |
| OKX SOON-USDT-SWAP | +0.0878% | 4h | 0.1956 | +0.154% | $2.0M | $497K | 20x | as long as short |
| Gate SOON_USDTshort | +0.0958% | 4h | 0.1951 | −0.102% | $3.2M | $135K | 50x | |
| Variational Omni SOON | +0.1175% | 4h | 0.1945 | −0.427% | $239K | $20K | — | as long as short |
| Bitget SOONUSDT | +0.1298% | 4h | 0.1953 | 0.000% | $9.2M | $289K | 25x | as long as short |
| Aster SOONUSDT | +0.1346% | 4h | 0.1950 | −0.150% | $190K | $3K | 5x | as long as short |
| Bybit SOONUSDT | +0.1506% | 4h | 0.1944 | −0.451% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAP
Variational Omni SOON
Bitget SOONUSDT
Aster SOONUSDT
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTlong | +0.1532% | 4h | 0.1953 | long leg | — | $6.7M | — |