SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.021%

Price spread now: OKX against BloFin0.000%63s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.423% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 3 days (all we have)+0.038%+$4 · spread now 0.000%, 7d avg +0.048%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.048% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you. The two prices were read 63 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	33.820	0.0026	pay 0.0026% / 8h	7h 02m	$165K	$54K	25x
Short	OKX SOXS-USDT-SWAP	33.820	0	get 0.0000% / 8h	7h 02m	$2.5M	$16.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$5.44
Price spread: 0.000% → +0.048%: −$4.84
Slippage, 4 orders: −$20.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$52.62
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from BloFin: live order book, 55 min ago; OKX: 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, 55 min ago	1.46 bp	7.5 bp −$7	14.4 bp −$144	64.9 bp −$6,487	doesn't fit
Sell OKX live order book, 1 min ago	1.48 bp	9.0 bp −$9	19.0 bp −$190	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	−0.1380%	1h	33.770	−0.148%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	−0.0885%	8h	33.824	+0.012%	$5.9M	$16.5M	20x	as long as short
edgeX SOXSUSDC	−0.0773%	4h	33.760	−0.176%	$37K	$182K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.790	−0.089%	$14.8M	$171.9M	25x	as long as short
OKX SOXS-USDT-SWAPshort	0.0000%	8h	33.820	0.000%	$2.5M	$16.3M	25x
Gate SOXS_USDT	0.0000%	8h	33.770	−0.148%	$2.0M	$9.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.790	−0.089%	$9.5M	$12.3M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.749	−0.211%	$412K	$625K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.790	−0.089%	—	$4.6M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	33.780	−0.118%	$10K	$24K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	33.800	−0.059%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDTlong	+0.0026%	8h	33.820	long leg	$165K	$54K	25x
Lighter SOXS	+0.0032%	1h	33.729	−0.269%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	33.810	−0.030%	$729K	$2.3M	10x	as long as short
Bybit SOXSUSDT	+0.0153%	8h	33.810	−0.030%	$4.0M	$10.5M	50x	as long as short