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

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Binance+0.034%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.362%−$36 on $10k
Price spread, last 2 days (all we have)−0.050%−$5 · spread now +0.034%, 7d avg +0.037%
Together, before fees−0.412%−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.362%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOXSUSDT35.0800get 0.0000% / 8h1h 30m$13.3M$166.9M25x
ShortBitget SOXSUSDT35.0920.0022get 0.0022% / 8h1h 30m$5.3M$15.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$4.62
Price spread: +0.034% → +0.037%
−$0.23
Slippage, 4 orders
−$16.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.58
Costs to cover
0.390%
Break-even
59.4 days
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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 Binance live order book, 12 min ago1.42 bp6.4 bp −$613.8 bp −$13870.6 bp −$7,062doesn't fit
Sell Bitget live order book, 3 min ago1.00 bp13.3 bp −$1327.5 bp −$275doesn't fitdoesn't fit

SOXS on 15 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
Kraken Futures PF_SOXSUSD−0.1061%1h35.070−0.028%$8K$31K20xas long as short
Binance SOXSUSDTlong0.0000%8h35.080long leg$13.3M$166.9M25x
Bybit SOXSUSDT0.0000%8h35.090+0.029%$4.0M$10.1M50xas long as short
OKX SOXS-USDT-SWAP0.0000%8h35.0800.000%$2.5M$14.1M25xas long as short
Gate SOXS_USDT0.0000%8h35.0800.000%$2.0M$9.0M25xas long as short
MEXC SOXS_USDT0.0000%8h35.0800.000%$13.1M$10.7M50xas long as short
Variational Omni SOXS0.0000%8h35.101+0.060%$301K$333Kas long as short
SunX SOXS-USDT0.0000%8h35.090+0.029%$5.0M10xas long as short
HTX SOXS-USDT0.0000%8h35.180+0.285%$12K$23K10xas long as short
Phemex SOXSUSDT0.0000%8h35.100+0.057%$1.2M$1.9M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXSUSDTshort+0.0022%8h35.092+0.034%$5.3M$15.8M20x
BloFin SOXS-USDT+0.0026%8h35.090+0.029%$162K$57K25xas long as short
Lighter SOXS+0.0032%1h35.070−0.029%10xas long as short
KuCoin SOXSUSDTM+0.0100%8h35.0800.000%$725K$2.2M10xas long as short
edgeX SOXSUSDC+0.0402%4h35.040−0.115%$38K$186K10xas long as short