SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against Binance−0.146%111s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.324% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.146%, 7d avg −0.045%

Together, before fees+0.222%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.101% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	34.220	0.0050	pay 0.0050% / 8h	4h 17m	$15.9M	$173.9M	25x
Short	BloFin SOXS-USDT	34.170	0.0040	get 0.0040% / 8h	4h 17m	$193K	$55K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$2.06
Price spread: −0.146% → −0.045%: −$10.08
Slippage, 4 orders: −$10.45
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$44.59
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 13 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 Binance live order book, 11 min ago	1.47 bp	6.5 bp −$6	11.2 bp −$112	70.6 bp −$7,061	doesn't fit
Sell BloFin live order book, 13 min ago	2.94 bp	10.6 bp −$11	14.3 bp −$143	37.6 bp −$3,759	148.2 bp −$74.1K

SOXS on 15 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
Bitget SOXSUSDT	−0.0213%	8h	34.209	−0.032%	$5.9M	$16.6M	20x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.180	−0.117%	$2.1M	$10.5M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.200	−0.058%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.200	−0.058%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	−0.088%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.119	−0.295%	—	—	10x	as long as short
Variational Omni SOXS	+0.0035%	8h	34.079	−0.413%	$430K	$616K	—	as long as short
BloFin SOXS-USDTshort	+0.0040%	8h	34.170	−0.146%	$193K	$55K	25x
MEXC SOXS_USDT	+0.0046%	8h	34.200	−0.058%	$10.5M	$12.9M	50x	as long as short
Binance SOXSUSDTlong	+0.0050%	8h	34.220	long leg	$15.9M	$173.9M	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0137%	8h	34.210	−0.029%	$4.2M	$10.6M	50x	as long as short
KuCoin SOXSUSDTM	+0.0325%	8h	34.170	−0.146%	$671K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0350%	8h	34.220	0.000%	$3.1M	$17.6M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0383%	1h	34.209	−0.034%	$8K	$32K	20x	as long as short
edgeX SOXSUSDC	+0.0945%	4h	34.156	−0.188%	$37K	$178K	10x	as long as short