SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.046%

Price spread now: KuCoin against Bybit−0.029%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1351.351% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.029%, 7d avg −0.017%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOXSUSDT	34.760	0	get 0.0000% / 8h	40m 27s	$3.9M	$9.8M	50x
Short	KuCoin SOXSUSDTM	34.750	0.0100	get 0.0100% / 8h	40m 27s	$719K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: $21
Price spread: −0.029% → −0.017%: −$1.21
Slippage, 4 orders: −$112.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$115.36
Costs to cover: 1.351%
Break-even: 45.5 days

Slippage from Bybit: live order book, 3 min ago; KuCoin: 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, 3 min ago	1.44 bp	14.3 bp −$14	19.5 bp −$195	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	2.88 bp	70.6 bp −$71	doesn't fit	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	−0.0554%	4h	34.771	+0.031%	$38K	$185K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0298%	1h	34.716	−0.126%	$8K	$32K	20x	as long as short
BloFin SOXS-USDT	−0.0010%	8h	34.770	+0.029%	$162K	$56K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.748	−0.033%	$12.9M	$163.7M	25x	as long as short
Bybit SOXSUSDTlong	0.0000%	8h	34.760	long leg	$3.9M	$9.8M	50x
OKX SOXS-USDT-SWAP	0.0000%	8h	34.750	−0.029%	$2.6M	$14.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.760	0.000%	$2.0M	$8.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.740	−0.058%	$12.5M	$10.8M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.752	−0.023%	$4.9M	$15.1M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.761	+0.002%	$293K	$317K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDT	0.0000%	8h	34.760	0.000%	—	$4.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.790	+0.086%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.770	+0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.759	−0.003%	—	—	10x	as long as short
KuCoin SOXSUSDTMshort	+0.0100%	8h	34.750	−0.029%	$719K	$2.2M	10x