Funding you earn now, next payment 04:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.38 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against Gate+0.398%7-day average +0.206% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2482.480% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 7 days−0.177%−$18 · spread now +0.398%, 7d avg +0.206%
=The price spread pays, funding is against you. Binance is 0.192% dearer against Gate than usual: you sell high and buy low (spread +0.398% now, against its 7-day average of +0.206%): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.179%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOON_USDT | 0.1922 | 0.0656 | pay 0.0328% / 4h | 46m 51s | $3.1M | $123K | 50x |
| Short | Binance SOONUSDT | 0.1930 | 0.0579 | get 0.0290% / 4h | 46m 51s | $7.9M | $2.0M | 50x |
Gate SOON_USDT
Binance SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$16.12
- Price spread: +0.398% → +0.206%
- $19.2
- Slippage, 4 orders
- −$223.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$244.93
- Costs to cover
- 2.480%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 7 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 Gate live order book, 1 min ago | 5.18 bp | 81.3 bp −$81 | 12032.0 bp −$120.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.57 bp | 34.7 bp −$35 | 150.4 bp −$1,504 | 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 | 0.1928 | +0.328% | $1.8M | $3.3M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0498% | 4h | 0.1930 | +0.416% | $1.9M | $477K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0509% | 1h | 0.1921 | −0.034% | $10K | $2K | 10x | as long as short |
| Extended SOON-USD | +0.0576% | 1h | 0.1929 | +0.357% | $6K | $188K | 5x | as long as short |
| Binance SOONUSDTshort | +0.0579% | 4h | 0.1930 | +0.398% | $7.9M | $2.0M | 50x | |
| Gate SOON_USDTlong | +0.0656% | 4h | 0.1922 | long leg | $3.1M | $123K | 50x | |
| Aster SOONUSDT | +0.0870% | 4h | 0.1931 | +0.461% | $188K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.0898% | 4h | 0.1929 | +0.364% | $9.0M | $272K | 25x | as long as short |
| Variational Omni SOON | +0.1747% | 4h | 0.1929 | +0.347% | $238K | $20K | — | as long as short |
| BingX SOON-USDT | +0.1962% | 4h | 0.1923 | +0.052% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Extended SOON-USD
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2021% | 4h | 0.1916 | −0.307% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT