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 08:00 UTC−0.0611%/8h= −66.9% APRnext payment $3.05 per $10,000 · paid last 24h −0.100%
Price spread now: Binance against Aster+0.128%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.303%−$30 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.128%, 7d avg +0.120%
Together, before fees−0.280%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
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 -20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19470.1368pay 0.0684% / 4h3h 02m$189K$3K5x
ShortBinance SOONUSDT0.19490.0757get 0.0379% / 4h3h 02m$8.0M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$128.31
Price spread: +0.128% → +0.120%
$0.74
Slippage, 4 orders
−$153.82
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$299.38
Costs to cover
1.718%
Break-even
never at this rate
Slippage from Aster: live order book, 49 min ago; Binance: live order book, 7 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 Aster live order book, 49 min ago10.24 bp55.4 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.57 bp29.8 bp −$30155.3 bp −$1,553doesn'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
KuCoin SOONUSDTM+0.0100%4h0.1952+0.266%$1.8M$3.4M50xas long as short
Kraken Futures PF_SOONUSD+0.0433%1h0.1944−0.107%$11K$2K10xas long as short
Binance SOONUSDTshort+0.0757%4h0.1949+0.128%$8.0M$2.0M50x
Extended SOON-USD+0.0760%1h0.1949+0.151%$8K$286K5xas long as short
OKX SOON-USDT-SWAP+0.0872%4h0.1949+0.128%$2.0M$494K20xas long as short
Gate SOON_USDT+0.0882%4h0.1947+0.025%$3.2M$137K50xas long as short
Bitget SOONUSDT+0.1294%4h0.1949+0.128%$9.2M$286K25xas long as short
Variational Omni SOON+0.1337%4h0.1941−0.301%$239K$20Kas long as short
Aster SOONUSDTlong+0.1368%4h0.1947long leg$189K$3K5x
Bybit SOONUSDT+0.1938%4h0.1939−0.386%$2.5M$1.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.2036%4h0.1947+0.025%$6.7Mas long as short