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 04:00 UTC+0.1991%/8h= +218.0% APRnext payment +$9.96 per $10,000 · paid last 24h +0.828%
Price spread now: Variational Omni against Aster−0.527%7-day average −0.295% · 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 3 days (all we have)+0.720%+$72 on $10k
Price spread, last 3 days (all we have)+0.322%+$32 · spread now −0.527%, 7d avg −0.295%
Together, before fees+1.042%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$104 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.232% cheaper against Aster than usual: you would sell low and buy high (spread −0.527% now, against its 7-day average of −0.295%). If the spread goes back, that is −$23 on $10k: about 9 hours of funding at the current rate (+$60 a day). At the pace of the last 3 days (+0.720% in total) that is about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOONUSDT0.19600.0960pay 0.0480% / 4h3h 11m$191K$3K5x
ShortVariational Omni SOON0.19500.2951get 0.1475% / 4h3h 11m$240K$20K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$418.13
Price spread: −0.527% → −0.295%
−$23.15
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$386.98
Costs to cover
0.080%
Break-even
0.5 days
Slippage unknown: Aster: live order book, 60 min ago; Variational Omni: RFQ quote, 63 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 Aster live order book, 60 min ago12.78 bp45.5 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 63 min ago12.88 bpdoesn't fit332.4 bp −$3,324doesn'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%4h0.1965+0.230%$1.8M$3.2M50xas long as short
Extended SOON-USD+0.0280%1h0.1964+0.211%$7K$198K5xas long as short
Binance SOONUSDT+0.0284%4h0.1965+0.234%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0434%4h0.1964+0.204%$2.0M$451K20xas long as short
Kraken Futures PF_SOONUSD+0.0531%1h0.1956−0.189%$11K$1K10xas long as short
Aster SOONUSDTlong+0.0960%4h0.1960long leg$191K$3K5x
Bitget SOONUSDT+0.1090%4h0.1964+0.204%$9.2M$237K25xas long as short
Gate SOON_USDT+0.1112%4h0.1961+0.051%$3.2M$111K50xas long as short
BingX SOON-USDT+0.2584%4h0.19600.000%$6.7Mas long as short
Bybit SOONUSDT+0.2763%4h0.1950−0.510%$2.5M$1.1M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOONshort+0.2951%4h0.1950−0.527%$240K$20K