SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0684%/8h= +74.9% APRnext payment +$6.84 per $10,000 · paid last 24h +0.078%

Price spread now: Bybit against Bitget−0.129%7-day average −0.031% · 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−$62as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.426%+$43 on $10k

Price spread, last 7 days+0.115%+$11 · spread now −0.129%, 7d avg −0.031%

Together, before fees+0.541%+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.098% cheaper against Bitget than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.031%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.426% in total) that is about 39 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.426% in total (about 22.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.84 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	Bitget SOXSUSDT	34.024	−0.0363	get 0.0363% / 8h	6h 24m	$6.1M	$16.3M	20x
Short	Bybit SOXSUSDT	33.980	0.0321	get 0.0321% / 8h	6h 24m	$4.1M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.129%Rate

Funding earned: $143.56
Price spread: −0.129% → −0.031%: −$9.82
Slippage, 4 orders: −$29.08
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $81.66
Costs to cover: 0.521%
Break-even: 3.0 days

Slippage from Bitget: live order book, 4 min ago; Bybit: 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 Bitget live order book, 4 min ago	1.32 bp	13.9 bp −$14	29.2 bp −$292	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.47 bp	13.8 bp −$14	67.0 bp −$670	doesn't fit	doesn't fit

SOXS on 14 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 SOXSUSDTlong	−0.0363%	8h	34.024	long leg	$6.1M	$16.3M	20x
edgeX SOXSUSDC	−0.0267%	4h	34.055	+0.090%	$37K	$180K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.980	−0.129%	$15.6M	$173.1M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.980	−0.129%	$2.2M	$10.1M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.990	−0.100%	$11.8M	$12.4M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.969	−0.160%	$433K	$635K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.020	−0.012%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.080	+0.165%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.030	+0.018%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	33.950	−0.217%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTM	+0.0100%	8h	34.030	+0.018%	$733K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0145%	8h	33.990	−0.100%	$3.0M	$17.1M	25x	as long as short
Bybit SOXSUSDTshort	+0.0321%	8h	33.980	−0.129%	$4.1M	$10.5M	50x
Kraken Futures PF_SOXSUSD	+0.0557%	1h	33.970	−0.160%	$8K	$31K	20x	as long as short