Funding you earn now, next payment 00:00 UTC−0.0510%/8h= −55.9% APRnext payment −$2.55 per $10,000 · paid last 24h −0.097%
Price spread now: Gate against Aster−0.360%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2582.580% of the position
Funding, last 5 days (all we have)−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.360%, 7d avg −0.123%
=Together, before fees−0.055%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.237% cheaper against Aster than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SOONUSDT | 0.1944 | 0.0610 | pay 0.0305% / 4h | 2h 27m | $189K | $2K | 5x |
| Short | Gate SOON_USDT | 0.1937 | 0.0100 | get 0.0050% / 4h | 2h 27m | $3.1M | $90K | 50x |
Aster SOONUSDT
Gate SOON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$107.18
- Price spread: −0.360% → −0.123%
- −$23.74
- Slippage, 4 orders
- −$234.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$388.89
- Costs to cover
- 2.580%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Gate: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 59 min ago | 2.57 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 5.16 bp | 94.9 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
SOON on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSD | +0.0056% | 1h | 0.1940 | −0.229% | $11K | $1K | 10x | as long as short |
| BingX SOON-USDT | +0.0070% | 4h | 0.1941 | −0.154% | — | $6.6M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1945 | +0.051% | $1.9M | $417K | 20x | as long as short |
| Gate SOON_USDTshort | +0.0100% | 4h | 0.1937 | −0.360% | $3.1M | $90K | 50x | |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1945 | +0.026% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USD | +0.0200% | 1h | 0.1946 | +0.081% | $7K | $207K | 5x | as long as short |
| Binance SOONUSDT | +0.0200% | 4h | 0.1947 | +0.172% | $8.0M | $1.9M | 50x | as long as short |
| Bitget SOONUSDT | +0.0300% | 4h | 0.1944 | 0.000% | $9.1M | $199K | 25x | as long as short |
| Aster SOONUSDTlong | +0.0610% | 4h | 0.1944 | long leg | $189K | $2K | 5x | |
| Variational Omni SOON | +0.3967% | 4h | 0.1928 | −0.802% | $221K | $4K | — | as long as short |
Kraken Futures PF_SOONUSD
BingX SOON-USDT
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.5338% | 4h | 0.1930 | −0.720% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT