SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.040%

Price spread now: Gate against Bybit−0.058%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 7 days+0.093%+$9 · spread now −0.058%, 7d avg −0.014%

Together, before fees+0.244%+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.044% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.151%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOXSUSDT	34.690	0.0137	pay 0.0137% / 8h	3h 50m	$4.2M	$10.6M	50x
Short	Gate SOXS_USDT	34.670	0	get 0.0000% / 8h	3h 50m	$2.2M	$10.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now −0.058%Rate

Funding earned: −$28.73
Price spread: −0.058% → −0.014%: −$4.41
Slippage, 4 orders: −$27.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.33
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 3 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	1.45 bp	12.1 bp −$12	85.9 bp −$859	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.91 bp	14.3 bp −$14	28.3 bp −$283	92.0 bp −$9,199	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
Gate SOXS_USDTshort	0.0000%	8h	34.670	−0.058%	$2.2M	$10.5M	25x
Bitget SOXSUSDT	0.0000%	8h	34.664	−0.075%	$6.0M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.570	−0.346%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.620	−0.202%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.600	−0.259%	$1.2M	$1.9M	20x	as long as short
edgeX SOXSUSDC	+0.0014%	4h	34.425	−0.765%	$38K	$177K	10x	as long as short
Lighter SOXS	+0.0032%	1h	34.649	−0.118%	—	—	10x	as long as short
Variational Omni SOXS	+0.0087%	8h	34.579	−0.320%	$436K	$616K	—	as long as short
MEXC SOXS_USDT	+0.0102%	8h	34.670	−0.058%	$10.7M	$12.7M	50x	as long as short
Binance SOXSUSDT	+0.0104%	8h	34.670	−0.058%	$15.0M	$175.2M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0113%	8h	34.610	−0.231%	$195K	$55K	25x	as long as short
Bybit SOXSUSDTlong	+0.0137%	8h	34.690	long leg	$4.2M	$10.6M	50x
KuCoin SOXSUSDTM	+0.0297%	8h	34.650	−0.115%	$667K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0316%	8h	34.690	0.000%	$3.2M	$17.9M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0719%	1h	34.575	−0.332%	$8K	$32K	20x	as long as short