Settings8H · net · $10k
Funding arb · Price arb /

SOON

all SOON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0671%/8h= −73.4% APRpaid last 24h −0.063%
Price spread now: KuCoin against Kraken Futures+0.308%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.308% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.308% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOONUSD0.19440.0771pay 0.0096% / 1h44m 53s$11K$2K10x
ShortKuCoin SOONUSDTM0.19500.0100get 0.0050% / 4h2h 44m$1.8M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$140.82
Price spread: +0.308% → 0.000%
$30.79
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$132.03
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell KuCoin live order book, 7 min ago3.58 bp192.8 bp −$193689.8 bp −$6,898doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SOONUSDTMshort+0.0100%4h0.1950+0.308%$1.8M$3.4M50x
Extended SOON-USD+0.0712%1h0.1948+0.236%$6K$291K5xas long as short
Binance SOONUSDT+0.0716%4h0.1949+0.264%$8.0M$2.0M50xas long as short
Kraken Futures PF_SOONUSDlong+0.0771%1h0.1944long leg$11K$2K10x
OKX SOON-USDT-SWAP+0.0851%4h0.1949+0.272%$1.9M$495K20xas long as short
Variational Omni SOON+0.1023%4h0.1940−0.183%$239K$20Kas long as short
Gate SOON_USDT+0.1024%4h0.1946+0.118%$3.2M$135K50xas long as short
Bybit SOONUSDT+0.1076%4h0.1940−0.201%$2.5M$1.2M25xas long as short
BingX SOON-USDT+0.1230%4h0.1946+0.118%$6.7Mas long as short
Bitget SOONUSDT+0.1276%4h0.1949+0.272%$9.1M$290K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOONUSDT+0.1312%4h0.1947+0.171%$189K$3K5xas long as short