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 05:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h −0.017%
Price spread now: Gate against Extended−0.090%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3133.132% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.090%, 7d avg −0.205%
Together, before fees−0.261%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.115% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.205%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19490.0760pay 0.0095% / 1h2m 32s$7K$280K5x
ShortGate SOON_USDT0.19470.0882get 0.0441% / 4h3h 02m$3.2M$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
$25.62
Price spread: −0.090% → −0.205%
$11.48
Slippage, 4 orders
−$293.23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$276.13
Costs to cover
3.132%
Break-even
82.4 days
Slippage from Extended: live order book, 49 min ago; Gate: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 49 min ago8.96 bp115.3 bp −$115536.6 bp −$5,366doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago5.14 bp90.8 bp −$91doesn't fitdoesn'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
KuCoin SOONUSDTM+0.0100%4h0.1951+0.125%$1.8M$3.4M50xas long as short
Kraken Futures PF_SOONUSD+0.0433%1h0.1944−0.229%$11K$2K10xas long as short
Binance SOONUSDT+0.0757%4h0.1950+0.063%$8.0M$2.0M50xas long as short
Extended SOON-USDlong+0.0760%1h0.1949long leg$7K$280K5x
OKX SOON-USDT-SWAP+0.0875%4h0.1949+0.012%$2.0M$494K20xas long as short
Gate SOON_USDTshort+0.0882%4h0.1947−0.090%$3.2M$137K50x
Bitget SOONUSDT+0.1294%4h0.1950+0.064%$9.2M$286K25xas long as short
Variational Omni SOON+0.1337%4h0.1941−0.416%$239K$20Kas long as short
Aster SOONUSDT+0.1368%4h0.1946−0.127%$189K$3K5xas long as short
Bybit SOONUSDT+0.1938%4h0.1939−0.501%$2.5M$1.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.2036%4h0.1946−0.142%$6.7Mas long as short