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 04:00 UTC+0.1415%/8h= +154.9% APRnext payment +$7.07 per $10,000 · paid last 24h +0.828%
Price spread now: Variational Omni against Aster−0.254%7-day average −0.298% · 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 3 days (all we have)+0.720%+$72 on $10k
Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.254%, 7d avg −0.298%
Together, before fees+0.906%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$91 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Variational Omni is 0.044% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.298%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19620.1010pay 0.0505% / 4h2h 25m$191K$3K5x
ShortVariational Omni SOON0.19570.2425get 0.1212% / 4h2h 25m$240K$20K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$297.07
Price spread: −0.254% → −0.298%
$4.42
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$293.49
Costs to cover
0.080%
Break-even
0.1 days
Slippage unknown: Aster: live order book, 41 min ago; Variational Omni: RFQ quote, 44 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 Aster live order book, 41 min ago12.74 bp50.9 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 44 min ago10.26 bpdoesn't fit389.9 bp −$3,899doesn'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%4h0.1970+0.435%$1.8M$3.2M50xas long as short
Extended SOON-USD+0.0392%1h0.1969+0.385%$6K$193K5xas long as short
Binance SOONUSDT+0.0410%4h0.1970+0.408%$8.1M$2.0M50xas long as short
OKX SOON-USDT-SWAP+0.0520%4h0.1970+0.425%$2.0M$456K20xas long as short
Kraken Futures PF_SOONUSD+0.0702%1h0.1965+0.168%$11K$2K10xas long as short
Aster SOONUSDTlong+0.1010%4h0.1962long leg$191K$3K5x
Bitget SOONUSDT+0.1058%4h0.1969+0.374%$9.2M$255K25xas long as short
Gate SOON_USDT+0.1166%4h0.1966+0.221%$3.2M$115K50xas long as short
BingX SOON-USDT+0.2062%4h0.1965+0.170%$6.7Mas long as short
Variational Omni SOONshort+0.2425%4h0.1957−0.254%$240K$20K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.2456%4h0.1956−0.289%$2.5M$1.2M25xas long as short