Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0523%/8h= +57.3% APRpaid last 24h −0.156%

Price spread now: edgeX against BloFin+0.050%7-day average +0.005% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.376%+$38 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.050%, 7d avg +0.005%

Together, before fees+0.225%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.045% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SOXS-USDT	35.720	0.0065	pay 0.0065% / 8h	36m 01s	$178K	$63K	25x
Short	edgeX SOXSUSDC	35.738	0.0588	get 0.0294% / 4h	36m 01s	$39K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee BloFinbpFee edgeXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $109.84
Price spread: +0.050% → +0.005%: $4.54
Slippage, 4 orders: −$23.74
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $69.64
Costs to cover: 0.447%
Break-even: 2.6 days

Slippage from BloFin: live order book, 34 min ago; edgeX: live order book, 1 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, 34 min ago	1.40 bp	9.9 bp −$10	17.0 bp −$170	42.7 bp −$4,273	140.0 bp −$70.0K
Sell edgeX live order book, 1 min ago	8.39 bp	13.3 bp −$13	34.4 bp −$344	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
Kraken Futures PF_SOXSUSD	−0.0119%	1h	35.725	+0.013%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.760	+0.112%	$4.1M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.750	+0.084%	$2.2M	$12.2M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.750	+0.084%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.800	+0.224%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.790	+0.196%	$1.2M	$1.9M	20x	as long as short
OKX SOXS-USDT-SWAP	+0.0018%	8h	35.760	+0.112%	$2.8M	$21.3M	25x	as long as short
Variational Omni SOXS	+0.0024%	8h	35.638	−0.229%	$461K	$707K	—	as long as short
Lighter SOXS	+0.0032%	1h	35.740	+0.056%	—	—	10x	as long as short
MEXC SOXS_USDT	+0.0063%	8h	35.760	+0.112%	$13.2M	$14.3M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0063%	8h	35.750	+0.084%	$15.1M	$196.6M	25x	as long as short
BloFin SOXS-USDTlong	+0.0065%	8h	35.720	long leg	$178K	$63K	25x
KuCoin SOXSUSDTM	+0.0100%	8h	35.750	+0.084%	$693K	$2.8M	10x	as long as short
edgeX SOXSUSDCshort	+0.0588%	4h	35.738	+0.050%	$39K	$175K	10x
Bitget SOXSUSDT	+0.1936%	8h	35.689	−0.087%	$6.0M	$19.6M	20x	as long as short