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

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1770%/8h= +193.8% APRnext payment +$8.85 per $10,000 · paid last 24h −0.343%
Price spread now: BingX against Variational Omni+0.273%7-day average +0.282% · 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)−0.140%−$14 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.273%, 7d avg +0.282%
Together, before fees−0.307%+ Points / potential airdropVariational Omni: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.282%, so right now this pair is about funding alone: +$53 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.140% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SOON0.19520.2072pay 0.1036% / 4h3h 54m$241K$20K
ShortBingX SOON-USDT0.19570.3842get 0.1921% / 4h3h 54m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$371.68
Price spread: +0.273% → +0.282%
−$0.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$360.72
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; BingX: live order book, 13 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 Variational Omni RFQ quote, 44 min ago10.19 bpdoesn't fit514.8 bp −$5,148doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.55 bp13.9 bp −$1463.3 bp −$633776.3 bp −$77.6Kdoesn'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
KuCoin SOONUSDTM+0.0100%4h0.1961+0.483%$1.8M$3.6M50xas long as short
Extended SOON-USD+0.0224%1h0.1959+0.398%$6K$185K5xas long as short
Binance SOONUSDT+0.0227%4h0.1960+0.426%$8.0M$2.0M50xas long as short
OKX SOON-USDT-SWAP+0.0272%4h0.1959+0.375%$2.0M$516K20xas long as short
Gate SOON_USDT+0.0388%4h0.1957+0.273%$3.2M$140K50xas long as short
Kraken Futures PF_SOONUSD+0.0660%1h0.1953+0.063%$11K$3K10xas long as short
Aster SOONUSDT+0.0692%4h0.1961+0.455%$191K$3K5xas long as short
Bitget SOONUSDT+0.0922%4h0.1957+0.273%$9.2M$318K25xas long as short
Variational Omni SOONlong+0.2072%4h0.1952long leg$241K$20K
Bybit SOONUSDT+0.2979%4h0.1949−0.137%$2.5M$1.3M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDTshort+0.3842%4h0.1957+0.273%$6.7M