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

SOON

all SOON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h −0.039%
Price spread now: Bitget against Aster+0.169%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1441.443% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.139%−$14 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.169%, 7d avg +0.062%
Together, before fees−0.181%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.107% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.062%. Mind the row above: over the last 6 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19510.0895pay 0.0447% / 4h1h 36m$190K$3K5x
ShortBitget SOONUSDT0.19540.1036get 0.0518% / 4h1h 36m$9.2M$302K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$29.68
Price spread: +0.169% → +0.062%
$10.68
Slippage, 4 orders
−$124.32
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$103.96
Costs to cover
1.443%
Break-even
31.5 days
Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 2 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, 5 min ago10.20 bp49.4 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago7.67 bp19.9 bp −$20175.3 bp −$1,753doesn'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%4h0.1954+0.174%$1.8M$3.5M50xas long as short
Kraken Futures PF_SOONUSD+0.0258%1h0.1947−0.202%$11K$3K10xas long as short
Binance SOONUSDT+0.0358%4h0.1954+0.169%$8.0M$2.0M50xas long as short
Extended SOON-USD+0.0368%1h0.1954+0.152%$7K$229K5xas long as short
OKX SOON-USDT-SWAP+0.0570%4h0.1954+0.169%$2.0M$511K20xas long as short
Gate SOON_USDT+0.0702%4h0.1949−0.087%$3.2M$143K50xas long as short
Aster SOONUSDTlong+0.0895%4h0.1951long leg$190K$3K5x
Bitget SOONUSDTshort+0.1036%4h0.1954+0.169%$9.2M$302K25x
Variational Omni SOON+0.1040%4h0.1951+0.023%$241K$21Kas long as short
Bybit SOONUSDT+0.1416%4h0.1946−0.267%$2.5M$1.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.1430%4h0.1950−0.036%$6.7Mas long as short