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 00:00 UTC−0.0756%/8h= −82.8% APRnext payment $3.78 per $10,000 · paid last 24h −0.140%
Price spread now: KuCoin against Aster+0.394%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$5235.231% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.486%−$49 on $10k
Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.394%, 7d avg +0.049%
Together, before fees−0.719%+ Points / potential airdropAster: Stage 5 · farm board−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.344% dearer against Aster than usual: you sell high and buy low (spread +0.394% now, against its 7-day average of +0.049%): +$34 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 5 days (−0.486% in total) that is about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19560.0856pay 0.0428% / 4h3m 54s$190K$2K5x
ShortKuCoin SOONUSDTM0.19640.0100get 0.0050% / 4h3m 54s$1.8M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$158.86
Price spread: +0.394% → +0.049%
$34.43
Slippage, 4 orders
−$503.1
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$647.53
Costs to cover
5.231%
Break-even
never at this rate
Slippage from Aster: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago12.78 bp45.5 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago3.58 bp186.0 bp −$186689.9 bp −$6,899doesn'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 SOONUSDTMshort+0.0100%4h0.1964+0.394%$1.8M$3.1M50x
Kraken Futures PF_SOONUSD+0.0107%1h0.1956−0.010%$11K$1K10xas long as short
Gate SOON_USDT+0.0122%4h0.1957+0.051%$3.2M$93K50xas long as short
Extended SOON-USD+0.0152%1h0.1964+0.389%$7K$207K5xas long as short
Binance SOONUSDT+0.0154%4h0.1963+0.358%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0396%4h0.1963+0.358%$2.0M$436K20xas long as short
Aster SOONUSDTlong+0.0856%4h0.1956long leg$190K$2K5x
Bitget SOONUSDT+0.1028%4h0.1955−0.051%$9.1M$219K25xas long as short
Variational Omni SOON+0.3393%4h0.1942−0.729%$223K$4Kas long as short
BingX SOON-USDT+0.3634%4h0.1958+0.102%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3863%4h0.1947−0.460%$2.5M$1.1M25xas long as short