Funding you earn now, next payment 04:00 UTC−0.2772%/8h= −303.6% APRnext payment −$13.86 per $10,000 · paid last 24h −0.328%
Price spread now: Aster against BingX−0.187%7-day average +0.021% · 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−$149as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
Funding, last 5 days (all we have)−0.620%−$62 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.187%, 7d avg +0.021%
=Together, before fees−0.519%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and Aster is 0.207% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.620% in total (about -42.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1960 | 0.3670 | pay 0.1835% / 4h | 3h 59m | — | $6.7M | — |
| Short | Aster SOONUSDT | 0.1956 | 0.0898 | get 0.0449% / 4h | 3h 59m | $190K | $2K | 5x |
BingX SOON-USDT
Aster SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$582.16
- Price spread: −0.187% → +0.021%
- −$20.73
- Slippage, 4 orders
- −$109.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$730.72
- Costs to cover
- 1.278%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 12 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 BingX live order book, 13 min ago | 2.56 bp | 15.1 bp −$15 | 65.1 bp −$651 | 839.7 bp −$84.0K | doesn't fit |
| Sell Aster live order book, 12 min ago | 12.78 bp | 49.6 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.0100% | 4h | 0.1948 | −0.607% | $2.5M | $1.1M | 25x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1963 | +0.168% | $1.8M | $3.1M | 50x | as long as short |
| Gate SOON_USDT | +0.0150% | 4h | 0.1959 | −0.051% | $3.2M | $106K | 50x | as long as short |
| Binance SOONUSDT | +0.0204% | 4h | 0.1963 | +0.162% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0208% | 1h | 0.1963 | +0.141% | $7K | $207K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0427% | 4h | 0.1963 | +0.153% | $2.0M | $443K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0531% | 1h | 0.1956 | −0.198% | $11K | $1K | 10x | as long as short |
| Aster SOONUSDTshort | +0.0898% | 4h | 0.1956 | −0.187% | $190K | $2K | 5x | |
| Bitget SOONUSDT | +0.1058% | 4h | 0.1961 | +0.051% | $9.2M | $217K | 25x | as long as short |
| Variational Omni SOON | +0.3414% | 4h | 0.1949 | −0.549% | $223K | $4K | — | as long as short |
Bybit SOONUSDT
KuCoin SOONUSDTM
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDTlong | +0.3670% | 4h | 0.1960 | long leg | — | $6.7M | — |