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+0.0663%/8h= +72.6% APRpaid last 24h +0.111%
Price spread now: Aster against Kraken Futures+0.095%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Aster is 0.095% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOONUSD0.19430.0108pay 0.0013% / 1h57m 08s$11K$1K10x
ShortAster SOONUSDT0.19450.0771get 0.0385% / 4h57m 08s$189K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$139.23
Price spread: +0.095% → 0.000%
$9.54
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$130.77
Costs to cover
0.180%
Break-even
0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 19 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster live order book, 19 min ago12.87 bp52.4 bp −$52doesn't fitdoesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.1946+0.133%$6.7Mas long as short
Binance SOONUSDT+0.0100%4h0.1950+0.336%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1951+0.390%$1.9M$428K20xas long as short
Gate SOON_USDT+0.0100%4h0.1944+0.030%$3.2M$91K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1949+0.308%$1.8M$3.1M50xas long as short
Extended SOON-USD+0.0104%1h0.1950+0.315%$7K$207K5xas long as short
Kraken Futures PF_SOONUSDlong+0.0108%1h0.1943long leg$11K$1K10x
Aster SOONUSDTshort+0.0771%4h0.1945+0.095%$189K$2K5x
Bitget SOONUSDT+0.0810%4h0.1943−0.021%$9.1M$217K25xas long as short
Variational Omni SOON+0.3151%4h0.1935−0.421%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3562%4h0.1934−0.484%$2.5M$1.1M25xas long as short