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 09:00 UTC−0.0575%/8h= −63.0% APRpaid last 24h −0.134%
Price spread now: Extended against Aster−0.151%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2662.665% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.350%−$35 on $10k
Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.151%, 7d avg +0.085%
Together, before fees−0.057%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Extended 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 +0.085%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19710.1007pay 0.0504% / 4h3h 07m$192K$4K5x
ShortExtended SOON-USD0.19680.0432get 0.0054% / 1h7m 54s$9K$182K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$120.83
Price spread: −0.151% → +0.085%
−$23.67
Slippage, 4 orders
−$253.48
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$410.97
Costs to cover
2.665%
Break-even
never at this rate
Slippage from Aster: live order book, 24 min ago; Extended: live order book, 23 min ago.

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, 24 min ago12.84 bp45.8 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 23 min ago9.24 bp38.3 bp −$38doesn't fitdoesn'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%4h0.1972+0.043%$1.8M$3.6M50xas long as short
OKX SOON-USDT-SWAP+0.0285%4h0.1972+0.028%$2.0M$528K20xas long as short
Binance SOONUSDT+0.0431%4h0.1969−0.124%$8.0M$2.0M50xas long as short
Extended SOON-USDshort+0.0432%1h0.1968−0.151%$9K$182K5x
Kraken Futures PF_SOONUSD+0.0656%1h0.1966−0.268%$11K$2K10xas long as short
Aster SOONUSDTlong+0.1007%4h0.1971long leg$192K$4K5x
Bitget SOONUSDT+0.1078%4h0.1970−0.074%$9.2M$312K25xas long as short
Gate SOON_USDT+0.1992%4h0.1966−0.276%$3.2M$149K50xas long as short
Variational Omni SOON+0.2814%4h0.1962−0.496%$242K$20Kas long as short
BingX SOON-USDT+0.4482%4h0.1968−0.175%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.4682%4h0.1958−0.682%$2.6M$1.3M25xas long as short