Funding you earn now, next payment 04:00 UTC−0.0466%/8h= −51.0% APRnext payment −$2.33 per $10,000 · paid last 24h −0.119%
Price spread now: OKX against Aster+0.133%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1701.699% of the position
Funding, last 5 days (all we have)−0.465%−$47 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.133%, 7d avg +0.081%
=Together, before fees−0.521%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.052% dearer against Aster than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.081%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SOONUSDT | 0.1966 | 0.1031 | pay 0.0515% / 4h | 2h 03m | $191K | $3K | 5x |
| Short | OKX SOON-USDT-SWAP | 0.1969 | 0.0565 | get 0.0282% / 4h | 2h 03m | $2.0M | $459K | 20x |
Aster SOONUSDT
OKX SOON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$97.87
- Price spread: +0.133% → +0.081%
- $5.19
- Slippage, 4 orders
- −$151.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$262.56
- Costs to cover
- 1.699%
- Break-even
- never at this rate
Slippage from Aster: live order book, 63 min ago; OKX: live order book, 3 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 Aster live order book, 63 min ago | 12.74 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 5.09 bp | 34.8 bp −$35 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1968 | +0.077% | $1.8M | $3.2M | 50x | as long as short |
| Extended SOON-USD | +0.0512% | 1h | 0.1968 | +0.092% | $6K | $194K | 5x | as long as short |
| Binance SOONUSDT | +0.0515% | 4h | 0.1969 | +0.113% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAPshort | +0.0565% | 4h | 0.1969 | +0.133% | $2.0M | $459K | 20x | |
| Kraken Futures PF_SOONUSD | +0.0704% | 1h | 0.1958 | −0.425% | $11K | $2K | 10x | as long as short |
| Gate SOON_USDT | +0.1022% | 4h | 0.1961 | −0.274% | $3.2M | $118K | 50x | as long as short |
| Aster SOONUSDTlong | +0.1031% | 4h | 0.1966 | long leg | $191K | $3K | 5x | |
| Bitget SOONUSDT | +0.1044% | 4h | 0.1965 | −0.071% | $9.2M | $256K | 25x | as long as short |
| Variational Omni SOON | +0.2614% | 4h | 0.1951 | −0.800% | $240K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2954% | 4h | 0.1965 | −0.071% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3133% | 4h | 0.1954 | −0.615% | $2.6M | $1.2M | 25x | as long as short |
Bybit SOONUSDT