SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.7% APRnext payment +$3.08 per $10,000 · paid last 24h −0.016%

Price spread now: OKX against Binance+0.118%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 7 days−0.115%−$11 · spread now +0.118%, 7d avg +0.046%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.071% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.046%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	33.940	0	get 0.0000% / 8h	5h 05m	$15.6M	$173.1M	25x
Short	OKX SOXS-USDT-SWAP	33.980	0.0308	get 0.0308% / 8h	5h 05m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.118%Rate

Funding earned: $64.6
Price spread: +0.118% → +0.046%: $7.15
Slippage, 4 orders: −$13.47
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $38.28
Costs to cover: 0.335%
Break-even: 2.9 days

Slippage from Binance: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago	1.47 bp	8.1 bp −$8	12.8 bp −$128	64.3 bp −$6,432	doesn't fit
Sell OKX live order book, 3 min ago	1.47 bp	9.0 bp −$9	16.6 bp −$166	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
Bitget SOXSUSDT	−0.0273%	8h	33.956	+0.047%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	33.940	long leg	$15.6M	$173.1M	25x
Gate SOXS_USDT	0.0000%	8h	33.950	+0.029%	$2.1M	$10.4M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.960	+0.059%	$10.1M	$12.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.968	+0.084%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.950	+0.029%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.040	+0.295%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.960	+0.059%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0011%	8h	33.950	+0.029%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.929	−0.032%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0130%	8h	33.950	+0.029%	$4.1M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0263%	4h	33.978	+0.112%	$37K	$179K	10x	as long as short
KuCoin SOXSUSDTM	+0.0264%	8h	33.980	+0.118%	$704K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0308%	8h	33.980	+0.118%	$3.1M	$17.2M	25x
Kraken Futures PF_SOXSUSD	+0.1166%	1h	33.934	−0.017%	$8K	$31K	20x	as long as short