Funding you earn now, next payment 08:00 UTC+0.1249%/8h= +136.7% APRpaid last 24h +0.648%
Price spread now: BingX against Kraken Futures+0.121%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$37 a day on $10k at the current rate, and BingX is 0.121% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1955 | 0.0773 | pay 0.0097% / 1h | 17m 10s | $11K | $3K | 10x |
| Short | BingX SOON-USDT | 0.1957 | 0.2022 | get 0.1011% / 4h | 17m 10s | — | $6.7M | — |
Kraken Futures PF_SOONUSD
BingX SOON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $262.2
- Price spread: +0.121% → 0.000%
- $12.12
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $254.32
- Costs to cover
- 0.200%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 10 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 2.55 bp | 17.2 bp −$17 | 74.5 bp −$745 | 776.8 bp −$77.7K | doesn't fit |
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 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 | 0.1961 | +0.346% | $1.8M | $3.6M | 50x | as long as short |
| Extended SOON-USD | +0.0256% | 1h | 0.1960 | +0.290% | $7K | $182K | 5x | as long as short |
| Binance SOONUSDT | +0.0259% | 4h | 0.1961 | +0.311% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0324% | 4h | 0.1960 | +0.275% | $2.0M | $517K | 20x | as long as short |
| Aster SOONUSDT | +0.0632% | 4h | 0.1959 | +0.240% | $191K | $3K | 5x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0773% | 1h | 0.1955 | long leg | $11K | $3K | 10x | |
| Gate SOON_USDT | +0.0774% | 4h | 0.1957 | +0.121% | $3.2M | $150K | 50x | as long as short |
| Bitget SOONUSDT | +0.0914% | 4h | 0.1959 | +0.223% | $9.2M | $317K | 25x | as long as short |
| Variational Omni SOON | +0.1586% | 4h | 0.1950 | −0.229% | $241K | $20K | — | as long as short |
| BingX SOON-USDTshort | +0.2022% | 4h | 0.1957 | +0.121% | — | $6.7M | — |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2140% | 4h | 0.1950 | −0.222% | $2.5M | $1.3M | 25x | as long as short |
Bybit SOONUSDT