Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0919%/8h= +100.6% APRpaid last 24h +0.156%
Price spread now: BloFin against edgeX−0.337%101s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.376%−$38 on $10k
Price spread, last 4 days (all we have)+0.430%+$43 · spread now −0.337%, 7d avg −0.009%
Together, before fees+0.054%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.328% cheaper against edgeX than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of −0.009%). If the spread goes back, that is −$33 on $10k: about 29 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.376%, so the current rate has only just turned in your favour. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.376% in total (about -19.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXSUSDC35.831−0.0758get 0.0379% / 4h1h 49m$39K$176K10x
ShortBloFin SOXS-USDT35.7100.0160get 0.0160% / 8h1h 49m$184K$62K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$192.93
Price spread: −0.337% → −0.009%
−$32.78
Slippage, 4 orders
−$22.06
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$117.09
Costs to cover
0.431%
Break-even
2.8 days
Slippage from edgeX: live order book, 57 min ago; BloFin: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 57 min ago8.48 bp13.3 bp −$1335.0 bp −$350doesn't fitdoesn't fit
Sell BloFin live order book, 26 min ago1.40 bp8.5 bp −$911.3 bp −$11338.8 bp −$3,883124.9 bp −$62.5K

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDClong−0.0758%4h35.831long leg$39K$176K10x
Kraken Futures PF_SOXSUSD−0.0028%1h35.630−0.560%$8K$32K20xas long as short
Bybit SOXSUSDT0.0000%8h35.790−0.114%$4.2M$11.4M50xas long as short
Gate SOXS_USDT0.0000%8h35.750−0.225%$2.2M$11.6M25xas long as short
SunX SOXS-USDT0.0000%8h35.720−0.309%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.850+0.054%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.670−0.449%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.700−0.365%10xas long as short
Variational Omni SOXS+0.0126%8h35.699−0.367%$456K$712Kas long as short
BloFin SOXS-USDTshort+0.0160%8h35.710−0.337%$184K$62K25x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDT+0.0161%8h35.780−0.142%$15.3M$193.8M25xas long as short
MEXC SOXS_USDT+0.0162%8h35.760−0.198%$12.1M$14.0M50xas long as short
OKX SOXS-USDT-SWAP+0.0185%8h35.800−0.086%$2.9M$20.7M25xas long as short
KuCoin SOXSUSDTM+0.0250%8h35.730−0.281%$695K$2.7M10xas long as short
Bitget SOXSUSDT+0.2077%8h35.718−0.315%$5.9M$19.2M20xas long as short