Funding you earn now, next payment 03:00 UTC−0.1486%/8h= −162.7% APRpaid last 24h −0.599%
Price spread now: Kraken Futures against BingX−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$45 a day on $10k at the current rate, and Kraken Futures is 0.135% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1946 | 0.2254 | pay 0.1127% / 4h | 1h 07m | — | $6.7M | — |
| Short | Kraken Futures PF_SOONUSD | 0.1943 | 0.0768 | get 0.0096% / 1h | 7m 17s | $11K | $2K | 10x |
BingX SOON-USDT
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$312.01
- Price spread: −0.135% → 0.000%
- −$13.5
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$345.5
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Kraken Futures: no order-book sample. 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 BingX live order book, 10 min ago | 2.56 bp | 14.4 bp −$14 | 66.0 bp −$660 | 846.4 bp −$84.6K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1953 | +0.355% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0569% | 4h | 0.1952 | +0.308% | $1.9M | $459K | 20x | as long as short |
| Binance SOONUSDT | +0.0661% | 4h | 0.1952 | +0.308% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0664% | 1h | 0.1951 | +0.281% | $6K | $193K | 5x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0768% | 1h | 0.1943 | −0.135% | $11K | $2K | 10x | |
| Gate SOON_USDT | +0.0800% | 4h | 0.1948 | +0.103% | $3.2M | $119K | 50x | as long as short |
| Aster SOONUSDT | +0.0972% | 4h | 0.1953 | +0.378% | $190K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1012% | 4h | 0.1951 | +0.257% | $9.1M | $255K | 25x | as long as short |
| Variational Omni SOON | +0.1966% | 4h | 0.1940 | −0.328% | $238K | $20K | — | as long as short |
| BingX SOON-USDTlong | +0.2254% | 4h | 0.1946 | long leg | — | $6.7M | — |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Extended SOON-USD
Gate SOON_USDT
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2324% | 4h | 0.1939 | −0.339% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT