Funding you earn now, next payment 04:00 UTC+0.0404%/8h= +44.3% APRpaid last 24h −0.009%
Price spread now: Gate against Kraken Futures+0.035%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 +$12 a day on $10k at the current rate, and Gate is 0.035% dearer against Kraken Futures than usual: you sell high and buy low: +$4 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 | 0.1942 | 0.0504 | pay 0.0063% / 1h | 19m 23s | $11K | $2K | 10x |
| Short | Gate SOON_USDT | 0.1943 | 0.0908 | get 0.0454% / 4h | 19m 23s | $3.2M | $125K | 50x |
Kraken Futures PF_SOONUSD
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $84.87
- Price spread: +0.035% → 0.000%
- $3.51
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $63.37
- Costs to cover
- 0.250%
- Break-even
- 1.8 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 5.14 bp | 95.8 bp −$96 | 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 | 0.1948 | +0.277% | $1.8M | $3.3M | 50x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0504% | 1h | 0.1942 | long leg | $11K | $2K | 10x | |
| Extended SOON-USD | +0.0704% | 1h | 0.1947 | +0.260% | $6K | $188K | 5x | as long as short |
| Binance SOONUSDT | +0.0705% | 4h | 0.1948 | +0.267% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0722% | 4h | 0.1949 | +0.344% | $1.9M | $484K | 20x | as long as short |
| Gate SOON_USDTshort | +0.0908% | 4h | 0.1943 | +0.035% | $3.2M | $125K | 50x | |
| Bitget SOONUSDT | +0.0982% | 4h | 0.1942 | −0.016% | $9.1M | $271K | 25x | as long as short |
| Aster SOONUSDT | +0.1105% | 4h | 0.1943 | +0.035% | $189K | $3K | 5x | as long as short |
| Variational Omni SOON | +0.1473% | 4h | 0.1934 | −0.421% | $238K | $20K | — | as long as short |
| BingX SOON-USDT | +0.1892% | 4h | 0.1945 | +0.138% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Bitget SOONUSDT
Aster 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 | +0.1951% | 4h | 0.1936 | −0.325% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT