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 02:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.144%
Price spread now: Aster against Kraken Futures+0.517%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.517% dearer against Kraken Futures than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOONUSD0.19410.0710pay 0.0089% / 1h41m 14s$11K$1K10x
ShortAster SOONUSDT0.19510.0960get 0.0480% / 4h2h 41m$190K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$52.51
Price spread: +0.517% → 0.000%
$51.73
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$86.24
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 25 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 Kraken Futures no order-book sample
Sell Aster live order book, 25 min ago12.74 bp53.4 bp −$53doesn't fitdoesn't fitdoesn't fit
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
KuCoin SOONUSDTM+0.0100%4h0.1951+0.499%$1.8M$3.2M50xas long as short
Extended SOON-USD+0.0328%1h0.1950+0.448%$6K$195K5xas long as short
Binance SOONUSDT+0.0331%4h0.1951+0.481%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0424%4h0.1951+0.493%$2.0M$453K20xas long as short
Kraken Futures PF_SOONUSDlong+0.0710%1h0.1941long leg$11K$1K10x
Aster SOONUSDTshort+0.0960%4h0.1951+0.517%$190K$3K5x
Gate SOON_USDT+0.1072%4h0.1948+0.339%$3.2M$112K50xas long as short
Bitget SOONUSDT+0.1092%4h0.1950+0.442%$9.1M$246K25xas long as short
Bybit SOONUSDT+0.1381%4h0.1935−0.310%$2.5M$1.2M25xas long as short
BingX SOON-USDT+0.1442%4h0.1947+0.287%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOON+0.2297%4h0.1937−0.243%$239K$20Kas long as short