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 11:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.126%
Price spread now: Extended against KuCoin−0.018%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$660as in the Price arb table
costs, in and out, $10k−$6576.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.305%+$31 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.018%, 7d avg +0.019%
Together, before fees+0.297%+ Points / potential airdropExtended: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOONUSDTM0.19450.0100pay 0.0050% / 4h1h 47m$1.8M$3.7M50x
ShortExtended SOON-USD0.19450.0264get 0.0033% / 1h47m 29s$10K$179K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$34.44
Price spread: −0.018% → +0.019%
−$3.76
Slippage, 4 orders
−$639.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$625.93
Costs to cover
6.566%
Break-even
134.2 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago3.85 bp266.1 bp −$266doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 61 min ago10.77 bp42.3 bp −$42doesn't fitdoesn't fitdoesn't fit

SOON on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.0100%4h0.1935−0.529%$2.5M$1.2M25xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1945−0.015%$1.9M$529K20xas long as short
KuCoin SOONUSDTMlong+0.0100%4h0.1945long leg$1.8M$3.7M50x
Extended SOON-USDshort+0.0264%1h0.1945−0.018%$10K$179K5x
Binance SOONUSDT+0.0265%4h0.1944−0.067%$7.9M$1.9M50xas long as short
Gate SOON_USDT+0.0588%4h0.1941−0.221%$3.2M$144K50xas long as short
BingX SOON-USDT+0.0834%4h0.1942−0.170%$6.7Mas long as short
Bitget SOONUSDT+0.0878%4h0.1944−0.067%$9.1M$312K25xas long as short
Aster SOONUSDT+0.0920%4h0.1946+0.023%$189K$4K5xas long as short
Variational Omni SOON+0.1091%4h0.1938−0.375%$240K$20Kas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOONUSD+0.1126%1h0.1943−0.125%$11K$2K10xas long as short