Funding you earn now, next payment 12:00 UTC−0.2794%/8h= −306.0% APRnext payment −$13.97 per $10,000 · paid last 24h −0.964%
Price spread now: Aster against Bybit+0.641%7-day average +0.333% · 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−$153as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 6 days (all we have)−1.195%−$120 on $10k
+Price spread, last 4 days (all we have)−0.479%−$48 · spread now +0.641%, 7d avg +0.333%
=Together, before fees−1.674%+ Points / potential airdropAster: Stage 5 · farm board−$167 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.308% dearer against Bybit than usual: you sell high and buy low (spread +0.641% now, against its 7-day average of +0.333%): +$31 on $10k if it goes back. Holding the pair costs −$84 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 6 days (−1.195% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -1.195% in total (about -76.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1949 | 0.3486 | pay 0.1743% / 4h | 3h 55m | $2.5M | $1.3M | 25x |
| Short | Aster SOONUSDT | 0.1961 | 0.0692 | get 0.0346% / 4h | 3h 55m | $191K | $3K | 5x |
Bybit SOONUSDT
Aster SOONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$586.77
- Price spread: +0.641% → +0.333%
- $30.78
- Slippage, 4 orders
- −$164.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$739.4
- Costs to cover
- 1.834%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 41 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 Bybit live order book, 1 min ago | 5.12 bp | 35.0 bp −$35 | 897.1 bp −$8,971 | doesn't fit | doesn't fit |
| Sell Aster live order book, 41 min ago | 10.17 bp | 50.6 bp −$51 | 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 | 0.1961 | +0.626% | $1.8M | $3.6M | 50x | as long as short |
| Extended SOON-USD | +0.0232% | 1h | 0.1959 | +0.538% | $6K | $185K | 5x | as long as short |
| Binance SOONUSDT | +0.0236% | 4h | 0.1959 | +0.513% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0279% | 4h | 0.1961 | +0.616% | $2.0M | $516K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0658% | 1h | 0.1958 | +0.465% | $11K | $3K | 10x | as long as short |
| Aster SOONUSDTshort | +0.0692% | 4h | 0.1961 | +0.641% | $191K | $3K | 5x | |
| Bitget SOONUSDT | +0.0922% | 4h | 0.1960 | +0.564% | $9.2M | $318K | 25x | as long as short |
| Gate SOON_USDT | +0.0982% | 4h | 0.1958 | +0.462% | $3.2M | $140K | 50x | as long as short |
| Variational Omni SOON | +0.2072% | 4h | 0.1952 | +0.137% | $241K | $20K | — | as long as short |
| Bybit SOONUSDTlong | +0.3486% | 4h | 0.1949 | long leg | $2.5M | $1.3M | 25x |
KuCoin SOONUSDTM
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Gate SOON_USDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.3842% | 4h | 0.1955 | +0.308% | — | $6.7M | — | as long as short |
BingX SOON-USDT