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 00:00 UTC+0.0597%/8h= +65.4% APRnext payment +$2.99 per $10,000 · paid last 24h +0.097%
Price spread now: Aster against Gate+0.155%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2672.665% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.393%+$39 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.155%, 7d avg +0.124%
Together, before fees+0.288%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Aster is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOON_USDT0.19390.0100pay 0.0050% / 4h1h 38m$3.1M$91K50x
ShortAster SOONUSDT0.19420.0697get 0.0349% / 4h1h 38m$189K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$125.43
Price spread: +0.155% → +0.124%
$3.06
Slippage, 4 orders
−$243.54
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$138.05
Costs to cover
2.665%
Break-even
14.7 days
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 43 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 Gate live order book, 5 min ago5.14 bp88.6 bp −$8913003.9 bp −$130.0Kdoesn't fitdoesn't fit
Sell Aster live order book, 43 min ago12.84 bp50.9 bp −$51doesn'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
BingX SOON-USDT+0.0070%4h0.1942+0.155%$6.7Mas long as short
OKX SOON-USDT-SWAP+0.0100%4h0.1945+0.309%$1.9M$421K20xas long as short
Gate SOON_USDTlong+0.0100%4h0.1939long leg$3.1M$91K50x
KuCoin SOONUSDTM+0.0100%4h0.1946+0.335%$1.8M$3.0M50xas long as short
Binance SOONUSDT+0.0128%4h0.1946+0.355%$8.0M$1.9M50xas long as short
Extended SOON-USD+0.0128%1h0.1946+0.337%$7K$207K5xas long as short
Kraken Futures PF_SOONUSD+0.0338%1h0.1939+0.010%$11K$1K10xas long as short
Bitget SOONUSDT+0.0514%4h0.1945+0.309%$9.1M$211K25xas long as short
Aster SOONUSDTshort+0.0697%4h0.1942+0.155%$189K$2K5x
Variational Omni SOON+0.3484%4h0.1930−0.450%$222K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOONUSDT+0.3728%4h0.1929−0.516%$2.5M$1.1M25xas long as short