Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h −0.109%

Price spread now: edgeX against Binance−0.420%70s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as 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−$420.424% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.326%+$33 on $10k

Price spread, last 4 days (all we have)+2.546%+$255 · spread now −0.420%, 7d avg +0.014%

Together, before fees+2.872%+ Points / potential airdropedgeX: Active · farm board+$287 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and edgeX is 0.434% cheaper against Binance than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.326%, so the current rate has only just turned against you. The two prices were read 70 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	36.454	0	get 0.0000% / 8h	7h 32m	$14.7M	$202.1M	25x
Short	edgeX SOXSUSDC	36.301	−0.0349	pay 0.0174% / 4h	3h 32m	$40K	$173K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.420%Rate

Funding earned: −$73.21
Price spread: −0.420% → +0.014%: −$43.42
Slippage, 4 orders: −$23.38
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$159.02
Costs to cover: 0.424%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 64 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	1.38 bp	6.6 bp −$7	13.0 bp −$130	58.3 bp −$5,828	doesn't fit
Sell edgeX live order book, 64 min ago	8.39 bp	13.3 bp −$13	34.4 bp −$344	doesn't fit	doesn't fit

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
Kraken Futures PF_SOXSUSD	−0.0662%	1h	36.397	−0.157%	$9K	$33K	20x	as long as short
edgeX SOXSUSDCshort	−0.0349%	4h	36.301	−0.420%	$40K	$173K	10x
BloFin SOXS-USDT	−0.0026%	8h	36.400	−0.148%	$176K	$67K	25x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	36.454	long leg	$14.7M	$202.1M	25x
Bybit SOXSUSDT	0.0000%	8h	36.490	+0.099%	$4.2M	$11.4M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	36.490	+0.099%	$2.7M	$22.3M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	36.450	−0.010%	$2.7M	$15.1M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	36.460	+0.017%	$12.1M	$15.2M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	36.299	−0.425%	$472K	$695K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	36.380	−0.203%	—	$4.1M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	36.390	−0.175%	$13K	$27K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	36.380	−0.203%	$1.3M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	36.394	−0.164%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	36.420	−0.093%	$718K	$2.8M	10x	as long as short
Bitget SOXSUSDT	+0.1731%	8h	36.460	+0.017%	$5.5M	$20.8M	20x	as long as short