Funding you earn now, next payment 04:00 UTC−0.0919%/8h= −100.6% APRpaid last 24h +0.005%
Price spread now: edgeX against Bybit−0.122%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days+0.536%+$54 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.122%, 7d avg −0.020%
=Together, before fees+0.359%+ Points / potential airdropedgeX: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and edgeX is 0.102% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.536%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.536% in total (about 28.0% a year). A funding rate is set anew for every payment. 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 | 34.200 | 0.0456 | pay 0.0456% / 8h | 6h 40m | $4.1M | $10.6M | 50x |
| Short | edgeX SOXSUSDC | 34.158 | −0.0463 | pay 0.0231% / 4h | 2h 40m | $37K | $180K | 10x |
Bybit SOXSUSDT
edgeX SOXSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$192.89
- Price spread: −0.122% → −0.020%
- −$10.2
- Slippage, 4 orders
- −$29.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$252.37
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 26 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, 2 min ago | 1.46 bp | 12.0 bp −$12 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 8.89 bp | 13.7 bp −$14 | 35.7 bp −$357 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXSUSDT | −0.0639% | 8h | 34.159 | −0.120% | $6.0M | $16.4M | 20x | as long as short |
| edgeX SOXSUSDCshort | −0.0463% | 4h | 34.158 | −0.122% | $37K | $180K | 10x | |
| BloFin SOXS-USDT | −0.0018% | 8h | 34.090 | −0.322% | $167K | $54K | 25x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 34.180 | −0.058% | $15.9M | $172.1M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 34.140 | −0.175% | $2.2M | $9.9M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.150 | −0.146% | $10.0M | $12.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.130 | −0.206% | $417K | $617K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.130 | −0.205% | — | $4.5M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 33.950 | −0.731% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.140 | −0.175% | $1.2M | $1.9M | 20x | as long as short |
Bitget SOXSUSDT
BloFin SOXS-USDT
Binance SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SOXS | +0.0032% | 1h | 34.090 | −0.322% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 34.140 | −0.175% | $735K | $2.4M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0126% | 8h | 34.180 | −0.058% | $3.0M | $17.0M | 25x | as long as short |
| Bybit SOXSUSDTlong | +0.0456% | 8h | 34.200 | long leg | $4.1M | $10.6M | 50x | |
| Kraken Futures PF_SOXSUSD | +0.0555% | 1h | 34.131 | −0.200% | $8K | $31K | 20x | as long as short |
Lighter SOXS
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD