SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0177%/8h= +19.4% APRnext payment +$1.77 per $10,000 · paid last 24h −0.040%

Price spread now: OKX against Bybit+0.056%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.056%, 7d avg +0.034%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOXSUSDT	35.910	0	get 0.0000% / 8h	1h 45m	$4.2M	$11.4M	50x
Short	OKX SOXS-USDT-SWAP	35.930	0.0177	get 0.0177% / 8h	1h 45m	$3.0M	$20.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $37.2
Price spread: +0.056% → +0.034%: $2.15
Slippage, 4 orders: −$26.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$7.94
Costs to cover: 0.473%
Break-even: 8.5 days

Slippage from Bybit: live order book, 3 min ago; OKX: 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, 3 min ago	1.39 bp	13.0 bp −$13	57.1 bp −$571	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.79 bp	11.0 bp −$11	19.8 bp −$198	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
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.927	+0.048%	$8K	$32K	20x	as long as short
Bybit SOXSUSDTlong	0.0000%	8h	35.910	long leg	$4.2M	$11.4M	50x
Gate SOXS_USDT	0.0000%	8h	35.920	+0.028%	$2.2M	$11.8M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.970	+0.167%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.970	+0.167%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.930	+0.056%	$1.3M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.899	−0.031%	—	—	10x	as long as short
Variational Omni SOXS	+0.0122%	8h	35.939	+0.080%	$464K	$717K	—	as long as short
Binance SOXSUSDT	+0.0161%	8h	35.937	+0.074%	$15.4M	$194.0M	25x	as long as short
MEXC SOXS_USDT	+0.0161%	8h	35.910	0.000%	$12.1M	$14.0M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAPshort	+0.0177%	8h	35.930	+0.056%	$3.0M	$20.8M	25x
BloFin SOXS-USDT	+0.0187%	8h	35.930	+0.056%	$185K	$62K	25x	as long as short
KuCoin SOXSUSDTM	+0.0244%	8h	35.920	+0.028%	$697K	$2.7M	10x	as long as short
edgeX SOXSUSDC	+0.0821%	4h	35.909	−0.004%	$39K	$176K	10x	as long as short
Bitget SOXSUSDT	+0.2161%	8h	35.896	−0.039%	$6.0M	$19.3M	20x	as long as short