SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against Binance+0.176%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1301.302% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 2 days (all we have)−0.194%−$19 · spread now +0.176%, 7d avg +0.003%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.174% dearer against Binance than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	34.100	0	get 0.0000% / 8h	7h 52m	$15.2M	$169.6M	25x
Short	KuCoin SOXSUSDTM	34.160	0.0100	get 0.0100% / 8h	7h 52m	$744K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.176%Rate

Funding earned: $21
Price spread: +0.176% → +0.003%: $17.37
Slippage, 4 orders: −$108.25
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$91.88
Costs to cover: 1.302%
Break-even: 37.6 days

Slippage from Binance: live order book, 6 min ago; KuCoin: 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, 6 min ago	1.46 bp	6.5 bp −$6	13.5 bp −$135	93.5 bp −$9,350	doesn't fit
Sell KuCoin live order book, 4 min ago	1.46 bp	69.1 bp −$69	doesn't fit	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	−0.1367%	1h	34.090	−0.030%	$8K	$32K	20x	as long as short
Gate SOXS_USDT	−0.0035%	8h	34.110	+0.030%	$2.4M	$8.9M	25x	as long as short
BloFin SOXS-USDT	−0.0025%	8h	34.150	+0.147%	$164K	$54K	25x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	34.100	long leg	$15.2M	$169.6M	25x
OKX SOXS-USDT-SWAP	0.0000%	8h	34.100	+0.001%	$2.5M	$15.7M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.110	+0.030%	$9.9M	$11.9M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.119	+0.056%	$5.6M	$16.1M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.120	+0.060%	$296K	$551K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.090	−0.029%	—	$4.7M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.150	+0.147%	$11K	$21K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	34.110	+0.030%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.049	−0.149%	—	—	10x	as long as short
KuCoin SOXSUSDTMshort	+0.0100%	8h	34.160	+0.176%	$744K	$2.2M	10x
edgeX SOXSUSDC	+0.0491%	4h	34.152	+0.154%	$37K	$182K	10x	as long as short
Bybit SOXSUSDT	+0.0645%	8h	34.110	+0.030%	$4.1M	$10.1M	50x	as long as short