Funding you earn now, next payment 08:00 UTC−0.1916%/8h= −209.8% APRnext payment −$19.16 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against Bitget+0.112%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days+0.377%+$38 on $10k
+Price spread, last 7 days−0.137%−$14 · spread now +0.112%, 7d avg −0.039%
=The price spread pays, funding is against you. KuCoin is 0.151% dearer against Bitget than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.039%): +$15 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.377%, 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 0.377% in total (about 19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.16 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 | 35.610 | 0.2066 | pay 0.2066% / 8h | 1h 01m | $6.0M | $19.6M | 20x |
| Short | KuCoin SOXSUSDTM | 35.650 | 0.0150 | get 0.0150% / 8h | 1h 01m | $693K | $2.8M | 10x |
Bitget SOXSUSDT
KuCoin SOXSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$402.36
- Price spread: +0.112% → −0.039%
- $15.1
- Slippage, 4 orders
- −$87.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$498.69
- Costs to cover
- 1.114%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 0.84 bp | 12.9 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.40 bp | 51.6 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0878% | 4h | 35.670 | +0.169% | $39K | $176K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.592 | −0.051% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.650 | +0.112% | $4.1M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.650 | +0.112% | $2.3M | $12.2M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.650 | +0.112% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.680 | +0.197% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.640 | +0.084% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.630 | +0.056% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0064% | 8h | 35.650 | +0.112% | $2.9M | $20.9M | 25x | as long as short |
| Variational Omni SOXS | +0.0070% | 8h | 35.619 | +0.025% | $461K | $713K | — | as long as short |
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
Variational Omni SOXSShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0087% | 8h | 35.680 | +0.197% | $183K | $63K | 25x | as long as short |
| Binance SOXSUSDT | +0.0103% | 8h | 35.640 | +0.084% | $15.2M | $196.4M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0104% | 8h | 35.640 | +0.084% | $13.2M | $14.4M | 50x | as long as short |
| KuCoin SOXSUSDTMshort | +0.0150% | 8h | 35.650 | +0.112% | $693K | $2.8M | 10x | |
| Bitget SOXSUSDTlong | +0.2066% | 8h | 35.610 | long leg | $6.0M | $19.6M | 20x |
BloFin SOXS-USDT
Binance SOXSUSDT
MEXC SOXS_USDT