Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h −0.203%

Price spread now: Bybit against edgeX+0.212%7-day average +0.034% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.541%−$54 on $10k

Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.212%, 7d avg +0.034%

Together, before fees−0.575%+ Points / potential airdropedgeX: Active · farm board−$58 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.178% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.541%, 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	edgeX SOXSUSDC	35.305	−0.0299	get 0.0150% / 4h	2h 11m	$38K	$187K	10x
Short	Bybit SOXSUSDT	35.380	0	get 0.0000% / 8h	2h 11m	$4.1M	$10.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.212%Rate

Funding earned: $62.8
Price spread: +0.212% → +0.034%: $17.82
Slippage, 4 orders: −$29.33
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $31.29
Costs to cover: 0.493%
Break-even: 3.5 days

Slippage from edgeX: live order book, 10 min ago; Bybit: live order book, 7 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, 10 min ago	7.09 bp	12.4 bp −$12	33.6 bp −$336	doesn't fit	doesn't fit
Sell Bybit live order book, 7 min ago	1.42 bp	14.5 bp −$14	20.4 bp −$204	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 SOXSUSDClong	−0.0299%	4h	35.305	long leg	$38K	$187K	10x
Bybit SOXSUSDTshort	0.0000%	8h	35.380	+0.212%	$4.1M	$10.1M	50x
Gate SOXS_USDT	0.0000%	8h	35.350	+0.127%	$1.9M	$9.1M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	35.263	−0.118%	$302K	$360K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.360	+0.156%	—	$5.0M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.330	+0.071%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.360	+0.156%	$1.2M	$1.9M	20x	as long as short
Binance SOXSUSDT	+0.0028%	8h	35.367	+0.175%	$13.6M	$166.6M	25x	as long as short
MEXC SOXS_USDT	+0.0028%	8h	35.360	+0.156%	$13.3M	$10.7M	50x	as long as short
Lighter SOXS	+0.0032%	1h	35.359	+0.153%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0042%	8h	35.310	+0.014%	$159K	$57K	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0069%	8h	35.360	+0.156%	$2.4M	$13.7M	25x	as long as short
KuCoin SOXSUSDTM	+0.0101%	8h	35.370	+0.184%	$732K	$2.1M	10x	as long as short
Bitget SOXSUSDT	+0.0106%	8h	35.365	+0.170%	$5.5M	$15.6M	20x	as long as short
Kraken Futures PF_SOXSUSD	+0.0586%	1h	35.372	+0.190%	$11K	$27K	20x	as long as short