Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.165%+$17 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOXS-USDT35.2600.0161pay 0.0161% / 8h3h 23m$199K$57K25x
ShortBinance SOXSUSDT35.2670.0145get 0.0145% / 8h3h 23m$15.0M$179.8M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 67 min ago2.94 bp8.9 bp −$912.2 bp −$12242.2 bp −$4,225doesn't fit
Sell Binance live order book, 5 min ago1.43 bp7.5 bp −$811.2 bp −$11265.1 bp −$6,514doesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0635%4h34.995−0.750%$38K$177K10xas long as short
Gate SOXS_USDT0.0000%8h35.2600.000%$2.2M$11.0M25xas long as short
SunX SOXS-USDT0.0000%8h35.240−0.057%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.300+0.113%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.2600.000%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.219−0.116%10xas long as short
Bybit SOXSUSDT+0.0104%8h35.2600.000%$4.3M$10.7M50xas long as short
Variational Omni SOXS+0.0113%8h35.138−0.345%$439K$616Kas long as short
MEXC SOXS_USDT+0.0140%8h35.240−0.057%$10.9M$12.9M50xas long as short
Binance SOXSUSDTshort+0.0145%8h35.267+0.019%$15.0M$179.8M25x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDTlong+0.0161%8h35.260long leg$199K$57K25x
KuCoin SOXSUSDTM+0.0312%8h35.200−0.170%$676K$2.6M10xas long as short
OKX SOXS-USDT-SWAP+0.0334%8h35.280+0.057%$3.2M$18.7M25xas long as short
Bitget SOXSUSDT+0.0459%8h35.265+0.014%$6.1M$16.7M20xas long as short
Kraken Futures PF_SOXSUSD+0.0706%1h35.236−0.067%$8K$32K20xas long as short