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 08:00 UTC−0.0075%/8h= −8.2% APRnext payment $0.38 per $10,000 · paid last 24h −0.975%
Price spread now: OKX against Variational Omni+0.506%7-day average +0.392% · 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)−1.178%−$118 on $10k
Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.506%, 7d avg +0.392%
Together, before fees−1.427%+ Points / potential airdropVariational Omni: Active · farm board−$143 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.114% dearer against Variational Omni than usual: you sell high and buy low (spread +0.506% now, against its 7-day average of +0.392%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 4 days (−1.178% in total) that is about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SOON0.19360.0851pay 0.0425% / 4h2h 33m$238K$20K
ShortOKX SOON-USDT-SWAP0.19460.0775get 0.0388% / 4h2h 33m$1.9M$492K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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
−$15.8
Price spread: +0.506% → +0.392%
$11.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$14.37
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; OKX: live order book, 3 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, 15 min ago7.73 bpdoesn't fit332.4 bp −$3,324doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago5.14 bp42.3 bp −$42doesn'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
KuCoin SOONUSDTM+0.0100%4h0.1948+0.599%$1.8M$3.4M50xas long as short
Extended SOON-USD+0.0632%1h0.1945+0.444%$6K$291K5xas long as short
Binance SOONUSDT+0.0633%4h0.1946+0.506%$8.0M$2.0M50xas long as short
Kraken Futures PF_SOONUSD+0.0771%1h0.1942+0.310%$11K$2K10xas long as short
OKX SOON-USDT-SWAPshort+0.0775%4h0.1946+0.506%$1.9M$492K20x
Variational Omni SOONlong+0.0851%4h0.1936long leg$238K$20K
Gate SOON_USDT+0.0934%4h0.1944+0.403%$3.2M$136K50xas long as short
Bybit SOONUSDT+0.1038%4h0.1937+0.041%$2.5M$1.2M25xas long as short
BingX SOON-USDT+0.1182%4h0.1942+0.300%$6.7Mas long as short
Aster SOONUSDT+0.1226%4h0.1944+0.388%$189K$3K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOONUSDT+0.1242%4h0.1946+0.506%$9.1M$281K25xas long as short