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 04:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against Aster−0.051%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1871.869% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.128%−$13 on $10k
Price spread, last 4 days (all we have)+0.523%+$52 · spread now −0.051%, 7d avg +0.058%
Together, before fees+0.396%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.110% cheaper against Aster than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.058%). If the spread goes back, that is −$11 on $10k: about 5.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 5 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19430.0909pay 0.0454% / 4h57m 23s$189K$3K5x
ShortBitget SOONUSDT0.19420.0976get 0.0488% / 4h57m 23s$9.1M$272K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$14.13
Price spread: −0.051% → +0.058%
−$10.97
Slippage, 4 orders
−$166.95
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$183.79
Costs to cover
1.869%
Break-even
98.1 days
Slippage from Aster: live order book, 64 min ago; Bitget: live order book, 1 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 Aster live order book, 64 min ago10.18 bp64.8 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.14 bp42.0 bp −$42242.7 bp −$2,427doesn'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%4h0.1944+0.046%$1.8M$3.3M50xas long as short
Kraken Futures PF_SOONUSD+0.0506%1h0.1936−0.370%$11K$2K10xas long as short
OKX SOON-USDT-SWAP+0.0528%4h0.1944+0.051%$1.9M$473K20xas long as short
Binance SOONUSDT+0.0622%4h0.1940−0.143%$7.9M$2.0M50xas long as short
Extended SOON-USD+0.0624%1h0.1941−0.128%$6K$193K5xas long as short
Gate SOON_USDT+0.0736%4h0.1937−0.309%$3.2M$121K50xas long as short
Aster SOONUSDTlong+0.0909%4h0.1943long leg$189K$3K5x
Bitget SOONUSDTshort+0.0976%4h0.1942−0.051%$9.1M$272K25x
Variational Omni SOON+0.1795%4h0.1937−0.304%$239K$20Kas long as short
BingX SOON-USDT+0.2136%4h0.1939−0.206%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.2154%4h0.1931−0.612%$2.5M$1.2M25xas long as short