Funding you earn now, next payment 09:00 UTC−0.1678%/8h= −183.7% APRpaid last 24h −0.001%
Price spread now: Extended against Gate+0.076%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3023.024% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.076%, 7d avg +0.201%
=Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Extended is 0.126% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.201%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.129%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% 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 | Gate SOON_USDT | 0.1968 | 0.2206 | pay 0.1103% / 4h | 3h 03m | $3.2M | $149K | 50x |
| Short | Extended SOON-USD | 0.1969 | 0.0528 | get 0.0066% / 1h | 3m 25s | $9K | $182K | 5x |
Gate SOON_USDT
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$352.38
- Price spread: +0.076% → +0.201%
- −$12.56
- Slippage, 4 orders
- −$282.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$667.36
- Costs to cover
- 3.024%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Extended: live order book, 27 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, 5 min ago | 5.08 bp | 55.9 bp −$56 | 10958.1 bp −$109.6K | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 9.24 bp | 38.3 bp −$38 | 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 | 0.1973 | +0.244% | $1.8M | $3.6M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0325% | 4h | 0.1970 | +0.102% | $2.0M | $527K | 20x | as long as short |
| Binance SOONUSDT | +0.0526% | 4h | 0.1970 | +0.096% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USDshort | +0.0528% | 1h | 0.1969 | +0.076% | $9K | $182K | 5x | |
| Kraken Futures PF_SOONUSD | +0.0655% | 1h | 0.1967 | −0.034% | $11K | $2K | 10x | as long as short |
| Bitget SOONUSDT | +0.1062% | 4h | 0.1970 | +0.102% | $9.2M | $312K | 25x | as long as short |
| Aster SOONUSDT | +0.1132% | 4h | 0.1970 | +0.113% | $192K | $4K | 5x | as long as short |
| Gate SOON_USDTlong | +0.2206% | 4h | 0.1968 | long leg | $3.2M | $149K | 50x | |
| Variational Omni SOON | +0.2856% | 4h | 0.1961 | −0.372% | $242K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.4074% | 4h | 0.1960 | −0.417% | $2.6M | $1.3M | 25x | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.4506% | 4h | 0.1967 | −0.051% | — | $6.7M | — | as long as short |
BingX SOON-USDT