SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.8% APRnext payment +$2.72 per $10,000 · paid last 24h +0.038%

Price spread now: Phemex against Bitget+0.035%46s7-day average −0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1261.265% of the position

Long on Bitget Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.604%+$60 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.035%, 7d avg −0.069%

Together, before fees+0.594%+$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phemex is 0.105% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.069%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOXSUSDT	34.098	−0.0272	get 0.0272% / 8h	4h 23m	$5.9M	$16.6M	20x
Short	Phemex SOXSUSDT	34.110	0	get 0.0000% / 8h	4h 23m	$1.2M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.035%Rate

Funding earned: $57.12
Price spread: +0.035% → −0.069%: $10.46
Slippage, 4 orders: −$102.46
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$58.88
Costs to cover: 1.265%
Break-even: 14.2 days

Slippage from Bitget: live order book, 5 min ago; Phemex: live order book, 5 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, 5 min ago	1.47 bp	14.4 bp −$14	24.2 bp −$242	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	1.47 bp	56.5 bp −$56	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
Bitget SOXSUSDTlong	−0.0272%	8h	34.098	long leg	$5.9M	$16.6M	20x
edgeX SOXSUSDC	−0.0218%	4h	34.134	+0.106%	$37K	$178K	10x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.100	+0.006%	$2.1M	$10.4M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.130	+0.094%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.120	+0.065%	$10K	$24K	10x	as long as short
Phemex SOXSUSDTshort	0.0000%	8h	34.110	+0.035%	$1.2M	$1.9M	20x
Variational Omni SOXS	+0.0023%	8h	34.119	+0.061%	$430K	$616K	—	as long as short
Lighter SOXS	+0.0032%	1h	34.070	−0.082%	—	—	10x	as long as short
MEXC SOXS_USDT	+0.0034%	8h	34.110	+0.035%	$10.5M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0036%	8h	34.105	+0.019%	$15.7M	$173.8M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0056%	8h	34.150	+0.153%	$194K	$54K	25x	as long as short
Bybit SOXSUSDT	+0.0126%	8h	34.100	+0.006%	$4.2M	$10.6M	50x	as long as short
KuCoin SOXSUSDTM	+0.0323%	8h	34.100	+0.006%	$670K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0347%	8h	34.120	+0.065%	$3.1M	$17.5M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0384%	1h	34.130	+0.094%	$8K	$32K	20x	as long as short