Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0955%/8h= +104.6% APRpaid last 24h −0.057%

Price spread now: edgeX against Bitget+0.195%7-day average −0.048% · 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−$30as in the Price arb table

costs, in and out, $10k−$540.541% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.742%+$74 on $10k

Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.195%, 7d avg −0.048%

Together, before fees+0.393%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and edgeX is 0.243% dearer against Bitget than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOXSUSDT	33.972	−0.0336	get 0.0336% / 8h	4h 42m	$5.9M	$16.6M	20x
Short	edgeX SOXSUSDC	34.038	0.0619	get 0.0310% / 4h	42m 51s	$37K	$179K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.195%Rate

Funding earned: $200.59
Price spread: +0.195% → −0.048%: $24.35
Slippage, 4 orders: −$33.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $170.83
Costs to cover: 0.541%
Break-even: 1.0 days

Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 14 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, 1 min ago	1.18 bp	11.3 bp −$11	31.6 bp −$316	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	8.83 bp	13.9 bp −$14	37.5 bp −$375	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 SOXSUSDTlong	−0.0336%	8h	33.972	long leg	$5.9M	$16.6M	20x
Binance SOXSUSDT	0.0000%	8h	33.968	−0.012%	$15.6M	$173.5M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.940	−0.094%	$2.1M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.960	−0.035%	$10.6M	$12.9M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.039	+0.196%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.980	+0.024%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	33.980	+0.024%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.950	−0.065%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0029%	8h	33.990	+0.053%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.920	−0.153%	—	—	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	33.980	+0.024%	$4.2M	$10.5M	50x	as long as short
KuCoin SOXSUSDTM	+0.0294%	8h	33.980	+0.024%	$701K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0324%	8h	33.960	−0.035%	$3.1M	$17.3M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0387%	1h	33.906	−0.194%	$8K	$32K	20x	as long as short
edgeX SOXSUSDCshort	+0.0619%	4h	34.038	+0.195%	$37K	$179K	10x