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+0.0611%/8h= +66.9% APRnext payment +$3.05 per $10,000 · paid last 24h +0.097%
Price spread now: Aster against Gate+0.034%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2792.795% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.393%+$39 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.034%, 7d avg +0.124%
Together, before fees+0.409%+ Points / potential airdropAster: Stage 5 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.091% cheaper against Gate than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.124%). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$18 a day). At the pace of the last 5 days (+0.393% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOON_USDT0.19460.0100pay 0.0050% / 4h1h 02m$3.2M$92K50x
ShortAster SOONUSDT0.19470.0711get 0.0355% / 4h1h 02m$189K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$128.27
Price spread: +0.034% → +0.124%
−$9.05
Slippage, 4 orders
−$256.49
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$160.27
Costs to cover
2.795%
Break-even
15.7 days
Slippage from Gate: live order book, 6 min ago; Aster: live order book, 14 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 Gate live order book, 6 min ago5.15 bp85.8 bp −$8612775.0 bp −$127.7Kdoesn't fitdoesn't fit
Sell Aster live order book, 14 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-USDT+0.0070%4h0.1948+0.103%$6.7Mas long as short
Binance SOONUSDT+0.0100%4h0.1950+0.206%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1951+0.257%$1.9M$427K20xas long as short
Gate SOON_USDTlong+0.0100%4h0.1946long leg$3.2M$92K50x
KuCoin SOONUSDTM+0.0100%4h0.1951+0.242%$1.8M$3.1M50xas long as short
Extended SOON-USD+0.0104%1h0.1951+0.237%$7K$207K5xas long as short
Kraken Futures PF_SOONUSD+0.0336%1h0.1948+0.118%$11K$1K10xas long as short
Aster SOONUSDTshort+0.0711%4h0.1947+0.034%$189K$2K5x
Bitget SOONUSDT+0.0744%4h0.1943−0.154%$9.1M$217K25xas long as short
Variational Omni SOON+0.3109%4h0.1932−0.733%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3392%4h0.1935−0.565%$2.5M$1.1M25xas long as short