Funding you earn now, next payment 10:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h −0.141%
Price spread now: Kraken Futures against Bitget−0.291%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 −$1 a day on $10k at the current rate, and Kraken Futures is 0.291% cheaper against Bitget than usual: you would sell low and buy high (−$29 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 | Bitget SOONUSDT | 0.1950 | 0.0904 | pay 0.0452% / 4h | 2h 05m | $9.1M | $305K | 25x |
| Short | Kraken Futures PF_SOONUSD | 0.1944 | 0.0867 | get 0.0108% / 1h | 5m 35s | $11K | $2K | 10x |
Bitget SOONUSDT
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$7.76
- Price spread: −0.291% → 0.000%
- −$29.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$58.91
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 7.68 bp | 19.6 bp −$20 | 227.4 bp −$2,274 | doesn't fit | 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 exchanges
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 | 0.1954 | +0.190% | $1.8M | $3.7M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0136% | 4h | 0.1953 | +0.154% | $2.0M | $526K | 20x | as long as short |
| Binance SOONUSDT | +0.0359% | 4h | 0.1953 | +0.174% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0360% | 1h | 0.1953 | +0.164% | $6K | $179K | 5x | as long as short |
| Bybit SOONUSDT | +0.0443% | 4h | 0.1942 | −0.390% | $2.6M | $1.2M | 25x | as long as short |
| Gate SOON_USDT | +0.0786% | 4h | 0.1948 | −0.103% | $3.2M | $145K | 50x | as long as short |
| BingX SOON-USDT | +0.0864% | 4h | 0.1950 | 0.000% | — | $6.7M | — | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0867% | 1h | 0.1944 | −0.291% | $11K | $2K | 10x | |
| Bitget SOONUSDTlong | +0.0904% | 4h | 0.1950 | long leg | $9.1M | $305K | 25x | |
| Aster SOONUSDT | +0.0992% | 4h | 0.1948 | −0.103% | $190K | $4K | 5x | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Extended SOON-USD
Bybit SOONUSDT
Gate SOON_USDT
BingX SOON-USDT
Aster SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.1538% | 4h | 0.1940 | −0.535% | $240K | $20K | — | as long as short |
Variational Omni SOON