Settings8H · net · $10k
Funding arb · Price arb /

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h −0.328%
Price spread now: Aster against BingX+0.119%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.620%−$62 on $10k
Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.119%, 7d avg +0.021%
Together, before fees−0.866%+ Points / potential airdropAster: Stage 5 · farm board−$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aster is 0.098% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 5 days funding on this pair cost −0.620%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOON-USDT0.19390.0070pay 0.0035% / 4h1h 15m$6.7M
ShortAster SOONUSDT0.19410.0620get 0.0310% / 4h1h 15m$189K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$115.55
Price spread: +0.119% → +0.021%
$9.79
Slippage, 4 orders
−$112.59
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$5.26
Costs to cover
1.306%
Break-even
7.3 days
Slippage from BingX: live order book, 1 min ago; Aster: 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 BingX live order book, 1 min ago2.58 bp19.1 bp −$1968.4 bp −$684793.2 bp −$79.3Kdoesn't fit
Sell Aster live order book, 1 min ago12.87 bp52.4 bp −$52doesn't fitdoesn'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
BingX SOON-USDTlong+0.0070%4h0.1939long leg$6.7M
Binance SOONUSDT+0.0100%4h0.1942+0.179%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1941+0.103%$1.9M$421K20xas long as short
Gate SOON_USDT+0.0100%4h0.1936−0.155%$3.1M$92K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1941+0.098%$1.8M$3.0M50xas long as short
Extended SOON-USD+0.0104%1h0.1942+0.164%$7K$207K5xas long as short
Kraken Futures PF_SOONUSD+0.0338%1h0.1935−0.192%$11K$1K10xas long as short
Bitget SOONUSDT+0.0580%4h0.1942+0.155%$9.1M$217K25xas long as short
Aster SOONUSDTshort+0.0620%4h0.1941+0.119%$189K$2K5x
Variational Omni SOON+0.3155%4h0.1931−0.425%$221K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3283%4h0.1926−0.681%$2.5M$1.1M25xas long as short