Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h −0.100%
Price spread now: Gate against Bitget−0.203%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2172.170% of the position
Funding, last 7 days−0.315%−$31 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now −0.203%, 7d avg −0.176%
=Funding pays, the price is against you. Gate is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.176%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.315%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1969 | 0.1050 | pay 0.0525% / 4h | 2h 26m | $9.2M | $257K | 25x |
| Short | Gate SOON_USDT | 0.1965 | 0.1138 | get 0.0569% / 4h | 2h 26m | $3.2M | $115K | 50x |
Bitget SOONUSDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $18.48
- Price spread: −0.203% → −0.176%
- −$2.7
- Slippage, 4 orders
- −$190
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.22
- Costs to cover
- 2.170%
- Break-even
- 83.2 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 7.62 bp | 24.8 bp −$25 | 270.2 bp −$2,702 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.08 bp | 71.9 bp −$72 | 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 | 0.1970 | +0.071% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USD | +0.0392% | 1h | 0.1968 | −0.026% | $6K | $193K | 5x | as long as short |
| Binance SOONUSDT | +0.0392% | 4h | 0.1968 | −0.041% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0496% | 4h | 0.1970 | +0.051% | $2.0M | $460K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0702% | 1h | 0.1962 | −0.341% | $11K | $2K | 10x | as long as short |
| Aster SOONUSDT | +0.1000% | 4h | 0.1962 | −0.356% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDTlong | +0.1050% | 4h | 0.1969 | long leg | $9.2M | $257K | 25x | |
| Gate SOON_USDTshort | +0.1138% | 4h | 0.1965 | −0.203% | $3.2M | $115K | 50x | |
| BingX SOON-USDT | +0.2062% | 4h | 0.1965 | −0.203% | — | $6.7M | — | as long as short |
| Bybit SOONUSDT | +0.2306% | 4h | 0.1955 | −0.691% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
BingX SOON-USDT
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2340% | 4h | 0.1952 | −0.879% | $240K | $20K | — | as long as short |
Variational Omni SOON