Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%

Price spread now: HTX against Bybit+0.421%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.421% dearer against Bybit than usual: you sell high and buy low, +$42 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Bybit SOXSUSDT	35.630	0	get 0.0000% / 8h	1h 17m	$4.1M	$11.4M	50x
Short	HTX SOXS-USDT	35.780	0	get 0.0000% / 8h	1h 17m	$11K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.421%Rate

Funding earned: $0
Price spread: +0.421% → 0.000%: $42.1
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: $19.1
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: Bybit: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

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	1.40 bp	11.1 bp −$11	18.6 bp −$186	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.569	−0.170%	$8K	$32K	20x	as long as short
Bybit SOXSUSDTlong	0.0000%	8h	35.630	long leg	$4.1M	$11.4M	50x
Gate SOXS_USDT	0.0000%	8h	35.610	−0.056%	$2.3M	$12.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.650	+0.056%	—	$4.3M	10x	as long as short
HTX SOXS-USDTshort	0.0000%	8h	35.780	+0.421%	$11K	$24K	10x
Phemex SOXSUSDT	0.0000%	8h	35.590	−0.112%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.600	−0.084%	—	—	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0082%	8h	35.660	+0.084%	$2.9M	$20.9M	25x	as long as short
Variational Omni SOXS	+0.0089%	8h	35.699	+0.193%	$465K	$714K	—	as long as short
BloFin SOXS-USDT	+0.0105%	8h	35.700	+0.196%	$186K	$62K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0119%	8h	35.624	−0.017%	$15.2M	$195.9M	25x	as long as short
MEXC SOXS_USDT	+0.0122%	8h	35.620	−0.028%	$12.5M	$14.3M	50x	as long as short
KuCoin SOXSUSDTM	+0.0173%	8h	35.600	−0.084%	$692K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0654%	4h	35.708	+0.219%	$39K	$176K	10x	as long as short
Bitget SOXSUSDT	+0.2234%	8h	35.590	−0.112%	$6.0M	$19.6M	20x	as long as short