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: Phemex against Bybit−0.056%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.056%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 35.740 | 0 | get 0.0000% / 8h | 16m 31s | $4.2M | $11.5M | 50x |
| Short | Phemex SOXSUSDT | 35.720 | 0 | get 0.0000% / 8h | 16m 31s | $1.2M | $1.9M | 20x |
Bybit SOXSUSDT
Phemex SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.056% → −0.041%
- −$1.51
- Slippage, 4 orders
- −$97.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$121.64
- Costs to cover
- 1.201%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Phemex: live order book, 2 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 | 1.40 bp | 12.9 bp −$13 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.20 bp | 41.8 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.0119% | 1h | 35.673 | −0.186% | $8K | $32K | 20x | as long as short |
| BloFin SOXS-USDT | −0.0006% | 8h | 35.750 | +0.028% | $178K | $63K | 25x | as long as short |
| Bybit SOXSUSDTlong | 0.0000% | 8h | 35.740 | long leg | $4.2M | $11.5M | 50x | |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.730 | −0.028% | $2.7M | $21.4M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.710 | −0.084% | $2.1M | $12.3M | 25x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.759 | +0.052% | $464K | $709K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.750 | +0.028% | — | $4.2M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.810 | +0.196% | $11K | $27K | 10x | as long as short |
| Phemex SOXSUSDTshort | 0.0000% | 8h | 35.720 | −0.056% | $1.2M | $1.9M | 20x | |
| Binance SOXSUSDT | +0.0018% | 8h | 35.717 | −0.065% | $14.8M | $197.7M | 25x | as long as short |
Kraken Futures PF_SOXSUSD
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXS_USDT | +0.0019% | 8h | 35.710 | −0.084% | $11.6M | $14.7M | 50x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.700 | −0.112% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.720 | −0.056% | $693K | $2.8M | 10x | as long as short |
| edgeX SOXSUSDC | +0.0938% | 4h | 35.724 | −0.045% | $39K | $175K | 10x | as long as short |
| Bitget SOXSUSDT | +0.1911% | 8h | 35.679 | −0.171% | $6.1M | $19.8M | 20x | as long as short |
MEXC SOXS_USDT
Lighter SOXS
KuCoin SOXSUSDTM
edgeX SOXSUSDC
Bitget SOXSUSDT