# SOON Funding Rates

As of 2026-10-04 01:40 UTC, SOON perpetual funding averages 0.0203% per 8 hours (22.28% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0325%). Highest: Toobit at 0.0218% per 4h (47.71% APR). Lowest: Gate at -0.0085% per 4h (-18.62% APR). Going long on Gate and short on Toobit collects a gross spread of 0.0606% per 8 hours (66.32% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/soon/kraken) | [SOON/USD:USD](https://pro.kraken.com/app/trade/futures-soon-usd-perp) | 0.0189% | 1h | 165.47% | — |
| [Toobit](https://arbtide.com/funding-rates/soon/toobit) | [SOON/USDT:USDT](https://www.toobit.com/en-US/futures/SOON-SWAP-USDT) | 0.0218% | 4h | 47.71% | 2026-10-04 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/soon/bingx) | [SOON/USDT:USDT](https://bingx.com/en/perpetual/SOON-USDT) | 0.0188% | 4h | 41.17% | — |
| [LBank](https://arbtide.com/funding-rates/soon/lbank) | [SOON/USDT:USDT](https://www.lbank.com/futures/soonusdt) | 0.0188% | 4h | 41.17% | 2026-10-04 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/soon/binance) | [SOON/USDT:USDT](https://www.binance.com/en/futures/SOONUSDT) | 0.0186% | 4h | 40.66% | 2026-10-04 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/soon/xt) | [SOON/USDT:USDT](https://www.xt.com/en/futures/trade/soon_usdt) | 0.0186% | 4h | 40.66% | 2026-10-04 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/soon/extended) | [SOON/USDC:USDC](https://app.extended.exchange/perp/SOON-USD) | 0.0046% | 1h | 40.30% | 2026-10-04 02:00 UTC |
| [Aster](https://arbtide.com/funding-rates/soon/aster) | [SOON/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SOONUSDT) | 0.0141% | 4h | 30.97% | — |
| [WEEX](https://arbtide.com/funding-rates/soon/weex) | [SOON/USDT:USDT](https://www.weex.com/futures/SOON-USDT) | 0.0110% | 4h | 24.14% | 2026-10-04 01:40 UTC |
| [Bybit](https://arbtide.com/funding-rates/soon/bybit) | [SOON/USDT:USDT](https://www.bybit.com/trade/usdt/SOONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [OKX](https://arbtide.com/funding-rates/soon/okx) | [SOON/USDT:USDT](https://www.okx.com/trade-swap/soon-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/soon/bitget) | [SOON/USDT:USDT](https://www.bitget.com/futures/usdt/SOONUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/soon/kucoin) | [SOON/USDT:USDT](https://www.kucoin.com/trade/futures/SOONUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/soon/gate) | [SOON/USDT:USDT](https://www.gate.com/futures/USDT/SOON_USDT) | -0.0085% | 4h | -18.62% | 2026-10-04 04:00 UTC |

## Frequently asked questions

### Is the SOON funding rate positive right now?

Mostly yes. SOON funding is positive on 13 of the 14 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SOON funding rate?

Toobit at 0.0218% per 4h (47.71% APR). The lowest is Gate at -0.0085% per 4h (-18.62% APR).

### What is the SOON funding arbitrage spread?

The gross spread is 0.0606% per 8 hours (66.32% APR): long SOON on Gate and short on Toobit. Trading fees, slippage and price basis reduce the net return.

### How often is SOON funding paid?

SOON funding is paid every 4 hours on Toobit, BingX, LBank, Binance, XT.COM, Aster, WEEX, Bybit, OKX, Bitget, KuCoin, and Gate; every hour on Kraken and Extended. Rates on this page are also shown as APR so they can be compared directly.