Funding you earn now, next payment 16:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.004%
Price spread now: SunX against BloFin+0.310%55s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as 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−$1561.556% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.310%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.313% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 55 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 | 35.500 | −0.0017 | get 0.0017% / 8h | 4h 45m | $173K | $77K | 25x |
| Short | SunX SOXS-USDT | 35.610 | 0 | get 0.0000% / 8h | 4h 45m | — | $3.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.64
- Price spread: +0.310% → −0.003%
- $31.26
- Slippage, 4 orders
- −$135.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$120.67
- Costs to cover
- 1.556%
- Break-even
- 239.0 days
Slippage from BloFin: live order book, 52 min ago; SunX: live order book, 6 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, 52 min ago | 2.84 bp | 8.8 bp −$9 | 12.5 bp −$125 | 44.4 bp −$4,435 | 130.8 bp −$65.4K |
| Sell SunX live order book, 6 min ago | 46.58 bp | 69.2 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
SOXS on 15 exchanges
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 | −0.0234% | 1h | 35.579 | +0.223% | $13K | $35K | 20x | as long as short |
| BloFin SOXS-USDTlong | −0.0017% | 8h | 35.500 | long leg | $173K | $77K | 25x | |
| Binance SOXSUSDT | 0.0000% | 8h | 35.580 | +0.225% | $14.1M | $222.4M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.560 | +0.169% | $3.8M | $12.6M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.570 | +0.197% | $2.6M | $26.0M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.570 | +0.197% | $2.1M | $16.7M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.570 | +0.197% | $11.9M | $16.1M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.586 | +0.242% | $430K | $754K | — | as long as short |
| SunX SOXS-USDTshort | 0.0000% | 8h | 35.610 | +0.310% | — | $3.7M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 35.460 | −0.113% | $12K | $22K | 10x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 35.580 | +0.225% | $1.2M | $1.8M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.549 | +0.138% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.550 | +0.141% | $682K | $3.1M | 10x | as long as short |
| Bitget SOXSUSDT | +0.0391% | 8h | 35.553 | +0.149% | $5.4M | $23.9M | 20x | as long as short |
| edgeX SOXSUSDC | +0.0991% | 4h | 35.602 | +0.288% | $39K | $171K | 10x | as long as short |
BloFin SOXS-USDT
SunX SOXS-USDT
Kraken Futures PF_SOXSUSD
Binance SOXSUSDT
Bybit SOXSUSDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
KuCoin SOXSUSDTM
Bitget SOXSUSDT
edgeX SOXSUSDC