Funding you earn now, next payment 08:00 UTC+0.0600%/8h= +65.7% APRnext payment +$3.00 per $10,000 · paid last 24h +0.100%
Price spread now: Aster against Binance−0.156%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1681.683% of the position
Funding, last 6 days (all we have)+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.156%, 7d avg −0.120%
=Together, before fees+0.329%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.036% cheaper against Binance than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of −0.120%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 6 days (+0.303% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.303% in total (about 19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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 | Binance SOONUSDT | 0.1973 | 0.0535 | pay 0.0268% / 4h | 2h 00m | $8.1M | $2.0M | 50x |
| Short | Aster SOONUSDT | 0.1970 | 0.1136 | get 0.0568% / 4h | 2h 00m | $192K | $3K | 5x |
Binance SOONUSDT
Aster SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $126.08
- Price spread: −0.156% → −0.120%
- −$3.61
- Slippage, 4 orders
- −$150.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$45.86
- Costs to cover
- 1.683%
- Break-even
- 9.5 days
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 46 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 Binance live order book, 8 min ago | 2.54 bp | 29.2 bp −$29 | 211.2 bp −$2,112 | doesn't fit | doesn't fit |
| Sell Aster live order book, 46 min ago | 12.83 bp | 51.1 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1974 | +0.065% | $1.8M | $3.4M | 50x | as long as short |
| Binance SOONUSDTlong | +0.0535% | 4h | 0.1973 | long leg | $8.1M | $2.0M | 50x | |
| Extended SOON-USD | +0.0536% | 1h | 0.1973 | −0.030% | $9K | $295K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0762% | 1h | 0.1966 | −0.362% | $11K | $2K | 10x | as long as short |
| OKX SOON-USDT-SWAP | +0.0762% | 4h | 0.1974 | +0.045% | $2.0M | $507K | 20x | as long as short |
| Gate SOON_USDT | +0.1026% | 4h | 0.1970 | −0.158% | $3.2M | $142K | 50x | as long as short |
| Aster SOONUSDTshort | +0.1136% | 4h | 0.1970 | −0.156% | $192K | $3K | 5x | |
| Variational Omni SOON | +0.1197% | 4h | 0.1965 | −0.404% | $242K | $21K | — | as long as short |
| Bitget SOONUSDT | +0.1224% | 4h | 0.1973 | −0.006% | $9.2M | $292K | 25x | as long as short |
| BingX SOON-USDT | +0.1664% | 4h | 0.1971 | −0.107% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAP
Gate SOON_USDT
Variational Omni SOON
Bitget SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2038% | 4h | 0.1965 | −0.411% | $2.6M | $1.2M | 25x | as long as short |
Bybit SOONUSDT