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

SOON

all SOON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0256%/8h= −28.0% APRnext payment $1.28 per $10,000 · paid last 24h +0.374%
Price spread now: Variational Omni against BingX−0.549%7-day average −0.270% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.174%+$17 on $10k
Price spread, last 3 days (all we have)+0.314%+$31 · spread now −0.549%, 7d avg −0.270%
Together, before fees+0.488%+ Points / potential airdropVariational Omni: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.279% cheaper against BingX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.270%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOON-USDT0.19600.3670pay 0.1835% / 4h3h 59m$6.7M
ShortVariational Omni SOON0.19490.3414get 0.1707% / 4h3h 59m$223K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$53.73
Price spread: −0.549% → −0.270%
−$27.89
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$91.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 13 min ago; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 13 min ago2.56 bp15.1 bp −$1565.1 bp −$651839.7 bp −$84.0Kdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago12.88 bpdoesn't fit332.4 bp −$3,324doesn'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
Bybit SOONUSDT+0.0100%4h0.1948−0.607%$2.5M$1.1M25xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1963+0.168%$1.8M$3.1M50xas long as short
Gate SOON_USDT+0.0150%4h0.1959−0.051%$3.2M$106K50xas long as short
Binance SOONUSDT+0.0204%4h0.1963+0.162%$8.0M$1.9M50xas long as short
Extended SOON-USD+0.0208%1h0.1963+0.141%$7K$207K5xas long as short
OKX SOON-USDT-SWAP+0.0427%4h0.1963+0.153%$2.0M$443K20xas long as short
Kraken Futures PF_SOONUSD+0.0531%1h0.1956−0.198%$11K$1K10xas long as short
Aster SOONUSDT+0.0898%4h0.1956−0.187%$190K$2K5xas long as short
Bitget SOONUSDT+0.1058%4h0.1961+0.051%$9.2M$217K25xas long as short
Variational Omni SOONshort+0.3414%4h0.1949−0.549%$223K$4K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDTlong+0.3670%4h0.1960long leg$6.7M