Funding you earn now, next payment 08:00 UTC−0.2234%/8h= −244.6% APRnext payment −$22.34 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against Bitget+0.082%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days+0.578%+$58 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.082%, 7d avg −0.044%
=The price spread pays, funding is against you. Gate is 0.125% dearer against Bitget than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.044%): +$13 on $10k if it goes back. Holding the pair costs −$67 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.578%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.578% in total (about 30.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$22.34 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 | 35.571 | 0.2234 | pay 0.2234% / 8h | 2h 20m | $5.9M | $18.7M | 20x |
| Short | Gate SOXS_USDT | 35.600 | 0 | get 0.0000% / 8h | 2h 20m | $2.2M | $11.6M | 25x |
Bitget SOXSUSDT
Gate SOXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$469.14
- Price spread: +0.082% → −0.044%
- $12.55
- Slippage, 4 orders
- −$29.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$513.34
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: 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 Bitget live order book, 4 min ago | 1.12 bp | 13.2 bp −$13 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.18 bp | 18.6 bp −$19 | 40.6 bp −$406 | 90.9 bp −$9,087 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0066% | 4h | 35.862 | +0.819% | $39K | $176K | 10x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.570 | −0.003% | $4.2M | $11.2M | 50x | as long as short |
| Gate SOXS_USDTshort | 0.0000% | 8h | 35.600 | +0.082% | $2.2M | $11.6M | 25x | |
| SunX SOXS-USDT | 0.0000% | 8h | 35.600 | +0.082% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.910 | +0.953% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.560 | −0.031% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.539 | −0.090% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0134% | 8h | 35.699 | +0.359% | $456K | $703K | — | as long as short |
| Binance SOXSUSDT | +0.0157% | 8h | 35.558 | −0.037% | $15.2M | $190.2M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0159% | 8h | 35.550 | −0.059% | $10.9M | $13.6M | 50x | as long as short |
edgeX SOXSUSDC
Bybit SOXSUSDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
Binance SOXSUSDT
MEXC SOXS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0189% | 8h | 35.710 | +0.391% | $190K | $61K | 25x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0212% | 8h | 35.560 | −0.031% | $2.9M | $20.1M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0278% | 8h | 35.570 | −0.003% | $688K | $2.7M | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0814% | 1h | 35.525 | −0.130% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDTlong | +0.2234% | 8h | 35.571 | long leg | $5.9M | $18.7M | 20x |
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD