SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0774%/8h= +84.8% APRnext payment +$7.74 per $10,000 · paid last 24h +0.055%

Price spread now: MEXC against Bitget−0.064%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.358%+$36 on $10k

Price spread, last 7 days+0.099%+$10 · spread now −0.064%, 7d avg −0.027%

Together, before fees+0.457%+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.027%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.358% in total) that is about 18 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.358% in total (about 18.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.74 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	34.162	−0.0774	get 0.0774% / 8h	6h 47m	$6.0M	$16.4M	20x
Short	MEXC SOXS_USDT	34.140	0	get 0.0000% / 8h	6h 47m	$10.0M	$12.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.064%Rate

Funding earned: $162.54
Price spread: −0.064% → −0.027%: −$3.79
Slippage, 4 orders: −$19.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $127.12
Costs to cover: 0.316%
Break-even: 1.5 days

Slippage from Bitget: live order book, 1 min ago; MEXC: 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, 1 min ago	1.32 bp	13.8 bp −$14	24.3 bp −$243	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	2.95 bp	2.9 bp −$3	3.7 bp −$37	9.2 bp −$924	30.2 bp −$15.1K

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	−0.0774%	8h	34.162	long leg	$6.0M	$16.4M	20x
BloFin SOXS-USDT	−0.0018%	8h	34.090	−0.211%	$167K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.147	−0.045%	$15.8M	$172.2M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.140	−0.064%	$2.1M	$9.8M	25x	as long as short
MEXC SOXS_USDTshort	0.0000%	8h	34.140	−0.064%	$10.0M	$12.0M	50x
Variational Omni SOXS	0.0000%	8h	34.010	−0.446%	$415K	$617K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.110	−0.152%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.060	−0.299%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.120	−0.123%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.100	−0.181%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SOXSUSDC	+0.0076%	4h	34.052	−0.323%	$37K	$182K	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0079%	8h	34.170	+0.023%	$2.9M	$17.0M	25x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.100	−0.181%	$736K	$2.3M	10x	as long as short
Bybit SOXSUSDT	+0.0378%	8h	34.150	−0.035%	$4.1M	$10.6M	50x	as long as short
Kraken Futures PF_SOXSUSD	+0.0555%	1h	34.107	−0.161%	$8K	$31K	20x	as long as short