Funding you earn now, next payment 12:00 UTC−0.0657%/8h= −71.9% APRpaid last 24h +0.108%
Price spread now: Gate against edgeX+0.579%82s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as 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−$510.515% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.487%−$49 · spread now +0.579%, 7d avg −0.011%
=Together, before fees−0.597%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.590% dearer against edgeX than usual: you sell high and buy low (spread +0.579% now, against its 7-day average of −0.011%): +$59 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.110% in total) that is about 37 days. The two prices were read 82 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 -0.110% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXSUSDC | 35.355 | 0.0657 | pay 0.0328% / 4h | 50m 13s | $39K | $171K | 10x |
| Short | Gate SOXS_USDT | 35.560 | 0 | get 0.0000% / 8h | 4h 50m | $2.2M | $16.5M | 25x |
edgeX SOXSUSDC
Gate SOXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- −$137.89
- Price spread: +0.579% → −0.011%
- $58.99
- Slippage, 4 orders
- −$27.47
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$130.38
- Costs to cover
- 0.515%
- Break-even
- from the start
Slippage from edgeX: live order book, 54 min ago; Gate: 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 edgeX live order book, 54 min ago | 7.13 bp | 12.1 bp −$12 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.83 bp | 13.6 bp −$14 | 27.9 bp −$279 | 87.0 bp −$8,697 | doesn't fit |
SOXS on 15 exchanges
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 | −0.0235% | 1h | 35.485 | +0.365% | $13K | $35K | 20x | as long as short |
| BloFin SOXS-USDT | −0.0018% | 8h | 35.410 | +0.154% | $173K | $76K | 25x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.578 | +0.630% | $13.9M | $220.4M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.590 | +0.663% | $3.9M | $12.5M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.610 | +0.720% | $2.6M | $25.8M | 25x | as long as short |
| Gate SOXS_USDTshort | 0.0000% | 8h | 35.560 | +0.579% | $2.2M | $16.5M | 25x | |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.580 | +0.635% | $12.3M | $16.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.416 | +0.170% | $428K | $754K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.610 | +0.720% | — | $3.7M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.480 | +0.352% | $12K | $22K | 10x | as long as short |
Kraken Futures PF_SOXSUSD
BloFin SOXS-USDT
Binance SOXSUSDT
Bybit SOXSUSDT
OKX SOXS-USDT-SWAP
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 35.620 | +0.748% | $1.3M | $1.8M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.555 | +0.564% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.550 | +0.550% | $679K | $3.0M | 10x | as long as short |
| Bitget SOXSUSDT | +0.0431% | 8h | 35.581 | +0.638% | $5.3M | $23.6M | 20x | as long as short |
| edgeX SOXSUSDClong | +0.0657% | 4h | 35.355 | long leg | $39K | $171K | 10x |
Phemex SOXSUSDT
Lighter SOXS
KuCoin SOXSUSDTM
Bitget SOXSUSDT