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

SOON

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0702%/8h= +76.8% APRpaid last 24h +0.064%
Price spread now: Aster against Extended−0.336%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2342.339% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.263%+$26 on $10k
Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.336%, 7d avg −0.083%
Together, before fees+0.479%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.253% cheaper against Extended than usual: you would sell low and buy high (spread −0.336% now, against its 7-day average of −0.083%). If the spread goes back, that is −$25 on $10k: about 29 hours of funding at the current rate (+$21 a day). At the pace of the last 5 days (+0.263% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.263% in total (about 18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOON-USD0.19630.0208pay 0.0026% / 1h58m 26s$7K$202K5x
ShortAster SOONUSDT0.19560.0910get 0.0455% / 4h3h 58m$190K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
$147.32
Price spread: −0.336% → −0.083%
−$25.29
Slippage, 4 orders
−$220.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$111.92
Costs to cover
2.339%
Break-even
12.3 days
Slippage from Extended: live order book, 13 min ago; Aster: live order book, 13 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 Extended live order book, 13 min ago9.71 bp114.6 bp −$115523.6 bp −$5,236doesn't fitdoesn't fit
Sell Aster live order book, 13 min ago12.78 bp49.6 bp −$50doesn't fitdoesn'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%4h0.1963+0.026%$1.8M$3.1M50xas long as short
Extended SOON-USDlong+0.0208%1h0.1963long leg$7K$202K5x
Binance SOONUSDT+0.0214%4h0.1963+0.010%$8.0M$1.9M50xas long as short
OKX SOON-USDT-SWAP+0.0429%4h0.1963+0.021%$2.0M$442K20xas long as short
Kraken Futures PF_SOONUSD+0.0531%1h0.1956−0.330%$11K$1K10xas long as short
Aster SOONUSDTshort+0.0910%4h0.1956−0.336%$190K$2K5x
Bitget SOONUSDT+0.1068%4h0.1962−0.030%$9.2M$217K25xas long as short
Gate SOON_USDT+0.1394%4h0.1959−0.183%$3.2M$106K50xas long as short
Bybit SOONUSDT+0.3202%4h0.1946−0.846%$2.5M$1.1M25xas long as short
Variational Omni SOON+0.3414%4h0.1949−0.681%$223K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOON-USDT+0.3670%4h0.1959−0.183%$6.7Mas long as short