SOON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.2984%/8h= +326.7% APRnext payment +$14.92 per $10,000 · paid last 24h +0.702%

Price spread now: Variational Omni against Aster−0.704%7-day average −0.291% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.594%+$59 on $10k

Price spread, last 3 days (all we have)+0.547%+$55 · spread now −0.704%, 7d avg −0.291%

Together, before fees+1.141%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$114 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.413% cheaper against Aster than usual: you would sell low and buy high (spread −0.704% now, against its 7-day average of −0.291%). If the spread goes back, that is −$41 on $10k: about 11 hours of funding at the current rate (+$90 a day). At the pace of the last 3 days (+0.594% in total) that is about 2.3 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.594% in total (about 66.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.92 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	0.1942	0.0711	pay 0.0355% / 4h	1h 52m	$189K	$2K	5x
Short	Variational Omni SOON	0.1928	0.3694	get 0.1847% / 4h	1h 52m	$221K	$4K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Variational OmnibpOrdersPrice spread, now −0.704%Rate

Funding earned: $626.54
Price spread: −0.704% → −0.291%: −$41.28
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $577.26
Costs to cover: 0.080%
Break-even: 0.6 days

Slippage unknown: Aster: live order book, 29 min ago; Variational Omni: RFQ quote, 32 min ago. Net counts fees only.

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, 29 min ago	12.84 bp	43.2 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 32 min ago	7.75 bp	doesn't fit	302.4 bp −$3,024	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	0.1940	−0.103%	—	$6.7M	—	as long as short
OKX SOON-USDT-SWAP	+0.0100%	4h	0.1943	+0.051%	$1.9M	$420K	20x	as long as short
Gate SOON_USDT	+0.0100%	4h	0.1937	−0.257%	$3.1M	$91K	50x	as long as short
KuCoin SOONUSDTM	+0.0100%	4h	0.1944	+0.082%	$1.8M	$3.0M	50x	as long as short
Binance SOONUSDT	+0.0191%	4h	0.1943	+0.066%	$8.0M	$1.9M	50x	as long as short
Extended SOON-USD	+0.0192%	1h	0.1943	+0.052%	$7K	$207K	5x	as long as short
Kraken Futures PF_SOONUSD	+0.0338%	1h	0.1938	−0.229%	$11K	$1K	10x	as long as short
Bitget SOONUSDT	+0.0470%	4h	0.1945	+0.154%	$9.1M	$208K	25x	as long as short
Aster SOONUSDTlong	+0.0711%	4h	0.1942	long leg	$189K	$2K	5x
Variational Omni SOONshort	+0.3694%	4h	0.1928	−0.704%	$221K	$4K	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOONUSDT	+0.4306%	4h	0.1930	−0.644%	$2.5M	$1.1M	25x	as long as short