Funding you earn now, next payment 07:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.041%
Price spread now: Extended against Kraken Futures+0.211%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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.211% dearer against Kraken Futures than usual: you sell high and buy low: +$21 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 | 0.1957 | 0.0257 | pay 0.0032% / 1h | 45m 19s | $11K | $3K | 10x |
| Short | Extended SOON-USD | 0.1961 | 0.0416 | get 0.0052% / 1h | 45m 19s | $7K | $294K | 5x |
Kraken Futures PF_SOONUSD
Extended SOON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $33.42
- Price spread: +0.211% → 0.000%
- $21.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $39.57
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 62 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 Extended live order book, 62 min ago | 11.28 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | 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 | 0.1956 | −0.050% | $1.8M | $3.5M | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0257% | 1h | 0.1957 | long leg | $11K | $3K | 10x | |
| Extended SOON-USDshort | +0.0416% | 1h | 0.1961 | +0.211% | $7K | $294K | 5x | |
| Binance SOONUSDT | +0.0419% | 4h | 0.1962 | +0.283% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0633% | 4h | 0.1962 | +0.262% | $2.0M | $512K | 20x | as long as short |
| Gate SOON_USDT | +0.0762% | 4h | 0.1953 | −0.198% | $3.2M | $143K | 50x | as long as short |
| Aster SOONUSDT | +0.0971% | 4h | 0.1962 | +0.238% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1064% | 4h | 0.1958 | +0.058% | $9.2M | $299K | 25x | as long as short |
| Variational Omni SOON | +0.1073% | 4h | 0.1949 | −0.394% | $241K | $21K | — | as long as short |
| Bybit SOONUSDT | +0.1576% | 4h | 0.1949 | −0.412% | $2.5M | $1.2M | 25x | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
Aster SOONUSDT
Bitget 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 | +0.1650% | 4h | 0.1956 | −0.044% | — | $6.7M | — | as long as short |
BingX SOON-USDT