Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1856%/8h= −203.3% APRpaid last 24h −0.030%

Price spread now: Kraken Futures against edgeX−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and Kraken Futures is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	34.152	0.0491	pay 0.0246% / 4h	3h 52m	$37K	$182K	10x
Short	Kraken Futures PF_SOXSUSD	34.138	−0.1365	pay 0.0171% / 1h	52m 41s	$8K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$389.85
Price spread: −0.042% → 0.000%: −$4.17
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$413.02
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 19 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 19 min ago	8.64 bp	13.7 bp −$14	35.7 bp −$357	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_SOXSUSDshort	−0.1365%	1h	34.138	−0.042%	$8K	$32K	20x
Gate SOXS_USDT	−0.0035%	8h	34.130	−0.066%	$2.4M	$8.9M	25x	as long as short
BloFin SOXS-USDT	−0.0025%	8h	34.150	−0.007%	$164K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.159	+0.020%	$15.2M	$169.6M	25x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.180	+0.081%	$2.5M	$15.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.160	+0.022%	$9.9M	$11.9M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.164	+0.034%	$5.6M	$16.1M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.120	−0.094%	$296K	$551K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.150	−0.007%	—	$4.7M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.150	−0.007%	$11K	$21K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	34.150	−0.007%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.100	−0.154%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.170	+0.051%	$744K	$2.2M	10x	as long as short
edgeX SOXSUSDClong	+0.0491%	4h	34.152	long leg	$37K	$182K	10x
Bybit SOXSUSDT	+0.0645%	8h	34.160	+0.022%	$4.1M	$10.2M	50x	as long as short