Funding you earn now, next payment 08:00 UTC+0.0914%/8h= +100.1% APRnext payment +$4.57 per $10,000 · paid last 24h +1.003%
Price spread now: Bybit against Bitget−0.513%7-day average −0.334% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days+1.309%+$131 on $10k
+Price spread, last 7 days+0.234%+$23 · spread now −0.513%, 7d avg −0.334%
=Funding pays, the price is against you. Bybit is 0.179% cheaper against Bitget than usual: you would sell low and buy high (spread −0.513% now, against its 7-day average of −0.334%). If the spread goes back, that is −$18 on $10k: about 16 hours of funding at the current rate (+$27 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1950 | 0.1270 | pay 0.0635% / 4h | 3h 10m | $9.2M | $286K | 25x |
| Short | Bybit SOONUSDT | 0.1940 | 0.2184 | get 0.1092% / 4h | 3h 10m | $2.5M | $1.2M | 25x |
Bitget SOONUSDT
Bybit SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $191.99
- Price spread: −0.513% → −0.334%
- −$17.88
- Slippage, 4 orders
- −$98.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $53
- Costs to cover
- 1.211%
- Break-even
- 5.1 days
Slippage from Bitget: live order book, 3 min ago; Bybit: 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 Bitget live order book, 3 min ago | 7.69 bp | 30.7 bp −$31 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.58 bp | 29.8 bp −$30 | 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 | 0.1951 | +0.056% | $1.8M | $3.4M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0433% | 1h | 0.1944 | −0.303% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.0676% | 4h | 0.1945 | −0.256% | $3.2M | $129K | 50x | as long as short |
| Binance SOONUSDT | +0.0767% | 4h | 0.1950 | 0.000% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0768% | 1h | 0.1949 | −0.033% | $11K | $249K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0867% | 4h | 0.1950 | 0.000% | $2.0M | $498K | 20x | as long as short |
| Bitget SOONUSDTlong | +0.1270% | 4h | 0.1950 | long leg | $9.2M | $286K | 25x | |
| Variational Omni SOON | +0.1304% | 4h | 0.1940 | −0.506% | $239K | $20K | — | as long as short |
| Aster SOONUSDT | +0.1358% | 4h | 0.1947 | −0.179% | $189K | $3K | 5x | as long as short |
| BingX SOON-USDT | +0.1768% | 4h | 0.1947 | −0.154% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Variational Omni SOON
Aster SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTshort | +0.2184% | 4h | 0.1940 | −0.513% | $2.5M | $1.2M | 25x |