Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0812%/8h= +88.9% APRpaid last 24h −0.258%

Price spread now: Binance against edgeX−0.049%50s7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.427% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.600%−$60 on $10k

Price spread, last 2 days (all we have)+0.154%+$15 · spread now −0.049%, 7d avg −0.013%

Together, before fees−0.446%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.036% cheaper against edgeX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.600%, so the current rate has only just turned in your favour. The two prices were read 50 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	edgeX SOXSUSDC	35.347	−0.0798	get 0.0399% / 4h	2h 06m	$39K	$186K	10x
Short	Binance SOXSUSDT	35.330	0.0014	get 0.0014% / 8h	2h 06m	$13.5M	$166.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.049%Rate

Funding earned: $170.54
Price spread: −0.049% → −0.013%: −$3.61
Slippage, 4 orders: −$23.73
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $124.2
Costs to cover: 0.427%
Break-even: 1.9 days

Slippage from edgeX: live order book, 15 min ago; Binance: live order book, 6 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 edgeX live order book, 15 min ago	7.09 bp	12.4 bp −$12	33.6 bp −$336	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.41 bp	7.7 bp −$8	22.2 bp −$222	86.5 bp −$8,646	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 SOXSUSDClong	−0.0798%	4h	35.347	long leg	$39K	$186K	10x
Bybit SOXSUSDT	0.0000%	8h	35.350	+0.008%	$4.1M	$10.1M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.330	−0.049%	$1.9M	$9.1M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	35.364	+0.049%	$303K	$360K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.330	−0.049%	—	$5.0M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.380	+0.093%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.340	−0.020%	$1.2M	$1.9M	20x	as long as short
Binance SOXSUSDTshort	+0.0014%	8h	35.330	−0.049%	$13.5M	$166.6M	25x
MEXC SOXS_USDT	+0.0021%	8h	35.330	−0.049%	$13.2M	$10.7M	50x	as long as short
BloFin SOXS-USDT	+0.0029%	8h	35.360	+0.036%	$158K	$57K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	35.329	−0.052%	—	—	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0058%	8h	35.350	+0.008%	$2.4M	$13.7M	25x	as long as short
Bitget SOXSUSDT	+0.0095%	8h	35.336	−0.032%	$5.5M	$15.6M	20x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.340	−0.020%	$731K	$2.1M	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0588%	1h	35.282	−0.184%	$11K	$27K	20x	as long as short