Funding you earn now, next payment 08:00 UTC+0.1450%/8h= +158.8% APRnext payment +$14.50 per $10,000 · paid last 24h −0.078%
Price spread now: Bitget against Bybit−0.045%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.045%, 7d avg +0.030%
=Funding pays, the price is against you. Bitget is 0.076% cheaper against Bybit than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.030%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$43 a day). Mind the row above: over the last 7 days funding on this pair cost −0.428%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.428% in total (about -22.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 35.250 | 0.0034 | pay 0.0034% / 8h | 2h 54m | $4.2M | $11.0M | 50x |
| Short | Bitget SOXSUSDT | 35.234 | 0.1484 | get 0.1484% / 8h | 2h 54m | $5.7M | $17.4M | 20x |
Bybit SOXSUSDT
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $304.48
- Price spread: −0.045% → +0.030%
- −$7.59
- Slippage, 4 orders
- −$28.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $245.6
- Costs to cover
- 0.513%
- Break-even
- 1.4 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 1.41 bp | 15.7 bp −$16 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.41 bp | 9.4 bp −$9 | 29.4 bp −$294 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0845% | 4h | 35.379 | +0.365% | $39K | $176K | 10x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.230 | −0.057% | $2.2M | $11.2M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.180 | −0.199% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.270 | +0.057% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.160 | −0.255% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.164 | −0.244% | — | — | 10x | as long as short |
| Bybit SOXSUSDTlong | +0.0034% | 8h | 35.250 | long leg | $4.2M | $11.0M | 50x | |
| Variational Omni SOXS | +0.0121% | 8h | 35.189 | −0.173% | $448K | $670K | — | as long as short |
| MEXC SOXS_USDT | +0.0151% | 8h | 35.220 | −0.085% | $12.1M | $13.1M | 50x | as long as short |
| Binance SOXSUSDT | +0.0152% | 8h | 35.240 | −0.028% | $14.8M | $185.1M | 25x | as long as short |
edgeX SOXSUSDC
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0153% | 8h | 35.150 | −0.284% | $189K | $58K | 25x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0273% | 8h | 35.240 | −0.028% | $3.0M | $19.4M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0289% | 8h | 35.230 | −0.057% | $683K | $2.6M | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0823% | 1h | 35.167 | −0.236% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDTshort | +0.1484% | 8h | 35.234 | −0.045% | $5.7M | $17.4M | 20x |
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD