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−0.0282%/8h= −30.9% APRnext payment $2.82 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against BloFin−0.059%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.352%−$35 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.059%, 7d avg +0.057%
Together, before fees−0.355%−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.116% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOXS-USDT34.1300.0020pay 0.0020% / 8h4h 21m$193K$54K25x
ShortBitget SOXSUSDT34.110−0.0262pay 0.0262% / 8h4h 21m$5.9M$16.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$59.29
Price spread: −0.059% → +0.057%
−$11.57
Slippage, 4 orders
−$23.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$117.88
Costs to cover
0.470%
Break-even
never at this rate
Slippage from BloFin: live order book, 9 min ago; Bitget: live order book, 2 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, 9 min ago2.94 bp8.9 bp −$912.2 bp −$12242.2 bp −$4,225doesn't fit
Sell Bitget live order book, 2 min ago0.88 bp11.8 bp −$1225.6 bp −$256doesn't fitdoesn'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
Bitget SOXSUSDTshort−0.0262%8h34.110−0.059%$5.9M$16.6M20x
Gate SOXS_USDT0.0000%8h34.100−0.088%$2.1M$10.5M25xas long as short
SunX SOXS-USDT0.0000%8h34.110−0.059%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h34.1300.000%$10K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.110−0.059%$1.2M$1.9M20xas long as short
BloFin SOXS-USDTlong+0.0020%8h34.130long leg$193K$54K25x
Variational Omni SOXS+0.0023%8h34.119−0.033%$430K$616Kas long as short
Lighter SOXS+0.0032%1h34.070−0.176%10xas long as short
MEXC SOXS_USDT+0.0038%8h34.110−0.059%$10.5M$12.9M50xas long as short
Binance SOXSUSDT+0.0040%8h34.110−0.059%$15.8M$173.9M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC+0.0110%4h34.098−0.095%$37K$178K10xas long as short
Bybit SOXSUSDT+0.0129%8h34.120−0.029%$4.2M$10.6M50xas long as short
KuCoin SOXSUSDTM+0.0322%8h34.090−0.117%$669K$2.5M10xas long as short
OKX SOXS-USDT-SWAP+0.0347%8h34.120−0.029%$3.1M$17.6M25xas long as short
Kraken Futures PF_SOXSUSD+0.0385%1h34.091−0.113%$8K$32K20xas long as short