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

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0481%/8h= +52.7% APRpaid last 24h −0.155%
Price spread now: Kraken Futures against Aster−0.322%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
Funding pays, the price is against you. Kraken Futures is 0.322% cheaper against Aster than usual: you would sell low and buy high (spread −0.322% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 2.2 days of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19350.0653pay 0.0326% / 4h1h 08m$188K$4K5x
ShortKraken Futures PF_SOONUSD0.19290.1134get 0.0142% / 1h8m 36s$10K$2K10x

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
$101.05
Price spread: −0.322% → 0.000%
−$32.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$50.86
Costs to cover
0.180%
Break-even
3.5 days
Slippage unknown: Aster: live order book, 36 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, 36 min ago10.29 bp48.9 bp −$49doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOONUSDT+0.0100%4h0.1939+0.208%$7.9M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1938+0.168%$1.9M$539K20xas long as short
KuCoin SOONUSDTM+0.0100%4h0.1938+0.189%$1.8M$3.7M50xas long as short
Extended SOON-USD+0.0104%1h0.1938+0.164%$7K$179K5xas long as short
Bybit SOONUSDT+0.0139%4h0.1930−0.240%$2.6M$1.2M25xas long as short
Variational Omni SOON+0.0473%4h0.1929−0.296%$238K$20Kas long as short
Gate SOON_USDT+0.0520%4h0.1935+0.013%$3.2M$162K50xas long as short
Aster SOONUSDTlong+0.0653%4h0.1935long leg$188K$4K5x
BingX SOON-USDT+0.0742%4h0.1935+0.013%$6.7Mas long as short
Bitget SOONUSDT+0.0748%4h0.1937+0.117%$9.1M$341K25xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOONUSDshort+0.1134%1h0.1929−0.322%$10K$2K10x