Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h —

Price spread now: Lighter against BloFin−0.746%90s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.746% cheaper against BloFin than usual: you would sell low and buy high (−$75 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 90 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	BloFin SOXS-USDT	34.830	0.0121	pay 0.0121% / 8h	3h 47m	$195K	$56K	25x
Short	Lighter SOXS	34.570	0.0032	get 0.0004% / 1h	47m 42s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.746%Rate

Funding earned: −$18.7
Price spread: −0.746% → 0.000%: −$74.65
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$105.34
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 43 min ago; Lighter: no order-book sample. Net counts fees only.

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, 43 min ago	2.94 bp	8.9 bp −$9	12.2 bp −$122	42.2 bp −$4,225	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate SOXS_USDT	0.0000%	8h	34.600	−0.660%	$2.3M	$10.6M	25x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.606	−0.643%	$6.0M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.630	−0.574%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.620	−0.603%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.620	−0.603%	$1.2M	$1.9M	20x	as long as short
edgeX SOXSUSDC	+0.0014%	4h	34.425	−1.164%	$38K	$177K	10x	as long as short
Lighter SOXSshort	+0.0032%	1h	34.570	−0.746%	—	—	10x
Variational Omni SOXS	+0.0087%	8h	34.579	−0.721%	$436K	$616K	—	as long as short
MEXC SOXS_USDT	+0.0108%	8h	34.590	−0.689%	$10.6M	$12.8M	50x	as long as short
Binance SOXSUSDT	+0.0108%	8h	34.584	−0.706%	$15.1M	$175.8M	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-USDTlong	+0.0121%	8h	34.830	long leg	$195K	$56K	25x
Bybit SOXSUSDT	+0.0132%	8h	34.610	−0.632%	$4.2M	$10.6M	50x	as long as short
KuCoin SOXSUSDTM	+0.0297%	8h	34.570	−0.746%	$666K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0319%	8h	34.620	−0.603%	$3.2M	$18.0M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0717%	1h	34.669	−0.463%	$8K	$32K	20x	as long as short