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 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.017%
Price spread now: Extended against OKX−0.152%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2582.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.152%, 7d avg +0.002%
Together, before fees+0.242%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.154% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOON-USDT-SWAP0.19490.0100pay 0.0050% / 4h3h 27m$1.9M$517K20x
ShortExtended SOON-USD0.19460.0104get 0.0013% / 1h27m 31s$8K$182K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: −0.152% → +0.002%
−$15.37
Slippage, 4 orders
−$242.81
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$272.34
Costs to cover
2.578%
Break-even
2276.5 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 3 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 OKX live order book, 4 min ago2.56 bp37.2 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago9.24 bp38.3 bp −$38doesn't fitdoesn't fitdoesn't fit

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
Binance SOONUSDT+0.0100%4h0.1947−0.104%$8.0M$2.0M50xas long as short
OKX SOON-USDT-SWAPlong+0.0100%4h0.1949long leg$1.9M$517K20x
KuCoin SOONUSDTM+0.0100%4h0.1948−0.062%$1.8M$3.6M50xas long as short
Extended SOON-USDshort+0.0104%1h0.1946−0.152%$8K$182K5x
Gate SOON_USDT+0.0318%4h0.1943−0.308%$3.2M$144K50xas long as short
Aster SOONUSDT+0.0561%4h0.1945−0.223%$189K$3K5xas long as short
Kraken Futures PF_SOONUSD+0.0664%1h0.1942−0.354%$11K$2K10xas long as short
Bitget SOONUSDT+0.0848%4h0.1945−0.205%$9.1M$314K25xas long as short
Variational Omni SOON+0.2452%4h0.1939−0.529%$239K$20Kas long as short
BingX SOON-USDT+0.3424%4h0.1943−0.308%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3479%4h0.1939−0.513%$2.6M$1.3M25xas long as short