SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.90 per $10,000 · paid last 24h −0.016%

Price spread now: Gate against Binance−0.006%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.218%+$22 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.006%, 7d avg −0.002%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.218%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	34.432	0.0090	pay 0.0090% / 8h	3h 54m	$14.9M	$175.3M	25x
Short	Gate SOXS_USDT	34.430	0	get 0.0000% / 8h	3h 54m	$2.2M	$10.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$18.84
Price spread: −0.006% → −0.002%: −$0.4
Slippage, 4 orders: −$19.52
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$63.75
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago	1.46 bp	6.5 bp −$6	10.9 bp −$109	69.9 bp −$6,990	doesn't fit
Sell Gate live order book, 4 min ago	2.91 bp	15.1 bp −$15	36.9 bp −$369	89.5 bp −$8,952	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
Gate SOXS_USDTshort	0.0000%	8h	34.430	−0.006%	$2.2M	$10.5M	25x
Bitget SOXSUSDT	0.0000%	8h	34.439	+0.020%	$5.9M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.410	−0.064%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.490	+0.168%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.440	+0.023%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.380	−0.152%	—	—	10x	as long as short
Variational Omni SOXS	+0.0068%	8h	34.459	+0.078%	$434K	$616K	—	as long as short
BloFin SOXS-USDT	+0.0080%	8h	34.460	+0.081%	$195K	$55K	25x	as long as short
MEXC SOXS_USDT	+0.0086%	8h	34.420	−0.035%	$10.6M	$12.7M	50x	as long as short
Binance SOXSUSDTlong	+0.0090%	8h	34.432	long leg	$14.9M	$175.3M	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0133%	8h	34.440	+0.023%	$4.2M	$10.6M	50x	as long as short
edgeX SOXSUSDC	+0.0285%	4h	34.385	−0.138%	$37K	$177K	10x	as long as short
KuCoin SOXSUSDTM	+0.0294%	8h	34.390	−0.122%	$661K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0313%	8h	34.460	+0.081%	$3.1M	$17.8M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0722%	1h	34.423	−0.027%	$8K	$32K	20x	as long as short