Funding you earn now, next payment 02:00 UTC−0.0640%/8h= −70.1% APRpaid last 24h −0.067%
Price spread now: Extended against Bitget−0.048%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.048%, 7d avg +0.028%
=Together, before fees−0.106%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Extended is 0.076% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% 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 | Bitget SOONUSDT | 0.1970 | 0.1064 | pay 0.0532% / 4h | 2h 24m | $9.2M | $255K | 25x |
| Short | Extended SOON-USD | 0.1969 | 0.0424 | get 0.0053% / 1h | 24m 05s | $6K | $193K | 5x |
Bitget SOONUSDT
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$134.4
- Price spread: −0.048% → +0.028%
- −$7.62
- Slippage, 4 orders
- −$173.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$332.06
- Costs to cover
- 1.900%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 42 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, 4 min ago | 7.62 bp | 24.8 bp −$25 | 270.2 bp −$2,702 | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 2.29 bp | 12.5 bp −$13 | 339.5 bp −$3,395 | 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 | 0.1971 | +0.056% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USDshort | +0.0424% | 1h | 0.1969 | −0.048% | $6K | $193K | 5x | |
| Binance SOONUSDT | +0.0426% | 4h | 0.1969 | −0.033% | $8.1M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0521% | 4h | 0.1970 | 0.000% | $2.0M | $455K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0702% | 1h | 0.1964 | −0.291% | $11K | $2K | 10x | as long as short |
| Aster SOONUSDT | +0.1019% | 4h | 0.1966 | −0.192% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDTlong | +0.1064% | 4h | 0.1970 | long leg | $9.2M | $255K | 25x | |
| Gate SOON_USDT | +0.1186% | 4h | 0.1967 | −0.152% | $3.2M | $115K | 50x | as long as short |
| BingX SOON-USDT | +0.2062% | 4h | 0.1967 | −0.152% | — | $6.7M | — | as long as short |
| Variational Omni SOON | +0.2425% | 4h | 0.1957 | −0.676% | $240K | $20K | — | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Gate SOON_USDT
BingX SOON-USDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2561% | 4h | 0.1957 | −0.660% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT