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

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.111%
Price spread now: Kraken Futures against Aster−0.080%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.080% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19420.0661pay 0.0331% / 4h1h 08m$189K$2K5x
ShortKraken Futures PF_SOONUSD0.19400.0337get 0.0042% / 1h8m 30s$11K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$68.03
Price spread: −0.080% → 0.000%
−$7.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$94.01
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 8 min ago; Kraken Futures: no order-book sample. 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 Aster live order book, 8 min ago12.87 bp41.8 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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%4h0.1944+0.103%$6.7Mas long as short
Binance SOONUSDT+0.0100%4h0.1946+0.206%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1945+0.154%$1.9M$424K20xas long as short
Gate SOON_USDT+0.0100%4h0.1938−0.206%$3.1M$92K50xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1945+0.139%$1.8M$3.0M50xas long as short
Extended SOON-USD+0.0104%1h0.1945+0.155%$7K$207K5xas long as short
Kraken Futures PF_SOONUSDshort+0.0337%1h0.1940−0.080%$11K$1K10x
Bitget SOONUSDT+0.0656%4h0.1943+0.051%$9.1M$217K25xas long as short
Aster SOONUSDTlong+0.0661%4h0.1942long leg$189K$2K5x
Variational Omni SOON+0.3100%4h0.1929−0.683%$221K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3343%4h0.1932−0.525%$2.5M$1.1M25xas long as short