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 08:00 UTC−0.1088%/8h= −119.2% APRnext payment $5.44 per $10,000 · paid last 24h −0.230%
Price spread now: KuCoin against Aster+0.064%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$5004.997% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.582%−$58 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.064%, 7d avg +0.059%
Together, before fees−0.485%+ Points / potential airdropAster: Stage 5 · farm board−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.582% in total (about -38.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19440.1188pay 0.0594% / 4h2h 28m$189K$3K5x
ShortKuCoin SOONUSDTM0.19450.0100get 0.0050% / 4h2h 28m$1.8M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$228.55
Price spread: +0.064% → +0.059%
$0.47
Slippage, 4 orders
−$479.74
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$727.83
Costs to cover
4.997%
Break-even
never at this rate
Slippage from Aster: live order book, 18 min ago; KuCoin: live order book, 4 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, 18 min ago12.83 bp58.3 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago4.36 bp186.3 bp −$186678.6 bp −$6,786doesn'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 SOONUSDTMshort+0.0100%4h0.1945+0.064%$1.8M$3.4M50x
Binance SOONUSDT+0.0591%4h0.1945+0.074%$8.0M$2.0M50xas long as short
Extended SOON-USD+0.0600%1h0.1944+0.047%$6K$291K5xas long as short
OKX SOON-USDT-SWAP+0.0738%4h0.1944+0.023%$1.9M$492K20xas long as short
Kraken Futures PF_SOONUSD+0.0772%1h0.1940−0.200%$11K$2K10xas long as short
Variational Omni SOON+0.0815%4h0.1935−0.430%$238K$20Kas long as short
Gate SOON_USDT+0.0858%4h0.1942−0.080%$3.2M$136K50xas long as short
Bybit SOONUSDT+0.0914%4h0.1935−0.441%$2.5M$1.2M25xas long as short
BingX SOON-USDT+0.1182%4h0.1941−0.132%$6.7Mas long as short
Aster SOONUSDTlong+0.1188%4h0.1944long leg$189K$3K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOONUSDT+0.1220%4h0.1945+0.074%$9.1M$282K25xas long as short