Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.019%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.019%, 7d avg +0.045%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SOXS-USDT | 35.260 | 0.0161 | pay 0.0161% / 8h | 3h 23m | $199K | $57K | 25x |
| Short | Binance SOXSUSDT | 35.267 | 0.0145 | get 0.0145% / 8h | 3h 23m | $15.0M | $179.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.39
- Price spread: +0.019% → +0.045%
- −$2.58
- Slippage, 4 orders
- −$11.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.42
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; Binance: 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 BloFin live order book, 67 min ago | 2.94 bp | 8.9 bp −$9 | 12.2 bp −$122 | 42.2 bp −$4,225 | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.43 bp | 7.5 bp −$8 | 11.2 bp −$112 | 65.1 bp −$6,514 | 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 | −0.0635% | 4h | 34.995 | −0.750% | $38K | $177K | 10x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.260 | 0.000% | $2.2M | $11.0M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.240 | −0.057% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.300 | +0.113% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.260 | 0.000% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.219 | −0.116% | — | — | 10x | as long as short |
| Bybit SOXSUSDT | +0.0104% | 8h | 35.260 | 0.000% | $4.3M | $10.7M | 50x | as long as short |
| Variational Omni SOXS | +0.0113% | 8h | 35.138 | −0.345% | $439K | $616K | — | as long as short |
| MEXC SOXS_USDT | +0.0140% | 8h | 35.240 | −0.057% | $10.9M | $12.9M | 50x | as long as short |
| Binance SOXSUSDTshort | +0.0145% | 8h | 35.267 | +0.019% | $15.0M | $179.8M | 25x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDTlong | +0.0161% | 8h | 35.260 | long leg | $199K | $57K | 25x | |
| KuCoin SOXSUSDTM | +0.0312% | 8h | 35.200 | −0.170% | $676K | $2.6M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0334% | 8h | 35.280 | +0.057% | $3.2M | $18.7M | 25x | as long as short |
| Bitget SOXSUSDT | +0.0459% | 8h | 35.265 | +0.014% | $6.1M | $16.7M | 20x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0706% | 1h | 35.236 | −0.067% | $8K | $32K | 20x | as long as short |
BloFin SOXS-USDT
Binance SOXSUSDT
edgeX SOXSUSDC
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Bybit SOXSUSDT
Variational Omni SOXS
MEXC SOXS_USDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Bitget SOXSUSDT
Kraken Futures PF_SOXSUSD