Funding you earn now, next payment 08:00 UTC−0.0149%/8h= −16.3% APRnext payment −$1.49 per $10,000 · paid last 24h −0.023%
Price spread now: Binance against Bybit−0.029%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now −0.029%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 34.060 | 0.0149 | pay 0.0149% / 8h | 5h 12m | $4.2M | $10.4M | 50x |
| Short | Binance SOXSUSDT | 34.050 | 0 | get 0.0000% / 8h | 5h 12m | $15.7M | $172.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$31.27
- Price spread: −0.029% → −0.011%
- −$1.84
- Slippage, 4 orders
- −$17.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.21
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: 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 Bybit live order book, 1 min ago | 1.47 bp | 13.7 bp −$14 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.47 bp | 6.5 bp −$6 | 12.1 bp −$121 | 58.5 bp −$5,852 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXSUSDT | −0.0197% | 8h | 34.058 | −0.006% | $6.0M | $16.5M | 20x | as long as short |
| Binance SOXSUSDTshort | 0.0000% | 8h | 34.050 | −0.029% | $15.7M | $172.9M | 25x | |
| Gate SOXS_USDT | 0.0000% | 8h | 34.040 | −0.059% | $2.1M | $10.3M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.040 | −0.059% | $10.1M | $12.5M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.038 | −0.064% | $429K | $620K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.050 | −0.029% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.100 | +0.117% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.050 | −0.029% | $1.2M | $1.9M | 20x | as long as short |
| BloFin SOXS-USDT | +0.0022% | 8h | 34.030 | −0.088% | $193K | $54K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.020 | −0.117% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOXSUSDTlong | +0.0149% | 8h | 34.060 | long leg | $4.2M | $10.4M | 50x | |
| KuCoin SOXSUSDTM | +0.0263% | 8h | 34.060 | 0.000% | $706K | $2.5M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0298% | 8h | 34.060 | 0.000% | $3.1M | $17.2M | 25x | as long as short |
| edgeX SOXSUSDC | +0.0753% | 4h | 34.013 | −0.138% | $37K | $180K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.1163% | 1h | 34.021 | −0.114% | $8K | $31K | 20x | as long as short |
Bybit SOXSUSDT
Binance SOXSUSDT
Bitget SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD