Funding you earn now, next payment 00:00 UTC−0.0520%/8h= −57.0% APRnext payment −$2.60 per $10,000 · paid last 24h −0.045%
Price spread now: Binance against Aster+0.060%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1561.557% of the position
Funding, last 5 days (all we have)−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.060%, 7d avg +0.117%
=Together, before fees−0.152%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Binance is 0.058% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.117%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.243% in total (about -16.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SOONUSDT | 0.1941 | 0.0620 | pay 0.0310% / 4h | 1h 15m | $189K | $2K | 5x |
| Short | Binance SOONUSDT | 0.1942 | 0.0100 | get 0.0050% / 4h | 1h 15m | $8.0M | $1.9M | 50x |
Aster SOONUSDT
Binance SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$109.25
- Price spread: +0.060% → +0.117%
- −$5.76
- Slippage, 4 orders
- −$137.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$270.75
- Costs to cover
- 1.557%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 1 min ago | 12.87 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 5.14 bp | 37.8 bp −$38 | 146.0 bp −$1,460 | doesn't fit | doesn't fit |
SOON on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.0070% | 4h | 0.1939 | −0.119% | — | $6.7M | — | as long as short |
| Binance SOONUSDTshort | +0.0100% | 4h | 0.1942 | +0.060% | $8.0M | $1.9M | 50x | |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1941 | −0.016% | $1.9M | $421K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1936 | −0.274% | $3.1M | $92K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1941 | −0.021% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1942 | +0.045% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1935 | −0.311% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDT | +0.0580% | 4h | 0.1942 | +0.035% | $9.1M | $217K | 25x | as long as short |
| Aster SOONUSDTlong | +0.0620% | 4h | 0.1941 | long leg | $189K | $2K | 5x | |
| Variational Omni SOON | +0.3155% | 4h | 0.1931 | −0.544% | $221K | $4K | — | as long as short |
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Extended SOON-USD
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3283% | 4h | 0.1926 | −0.799% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT