Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.169%

Price spread now: KuCoin against edgeX+0.171%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1301.298% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.351%−$35 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.171%, 7d avg +0.001%

Together, before fees−0.479%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.171% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.351%, 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	35.230	0.0251	pay 0.0126% / 4h	2h 47m	$38K	$177K	10x
Short	KuCoin SOXSUSDTM	35.290	0.0285	get 0.0285% / 8h	2h 47m	$684K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.171%Rate

Funding earned: $7.08
Price spread: +0.171% → +0.001%: $17.06
Slippage, 4 orders: −$108.75
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$105.62
Costs to cover: 1.298%
Break-even: 111.5 days

Slippage from edgeX: live order book, 64 min ago; KuCoin: live order book, 4 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, 64 min ago	8.67 bp	13.9 bp −$14	36.8 bp −$368	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.42 bp	53.9 bp −$54	doesn't fit	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
Gate SOXS_USDT	0.0000%	8h	35.330	+0.285%	$2.2M	$11.2M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.230	+0.001%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.210	−0.056%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.260	+0.086%	$1.2M	$1.9M	20x	as long as short
Bybit SOXSUSDT	+0.0030%	8h	35.350	+0.342%	$4.2M	$11.0M	50x	as long as short
Lighter SOXS	+0.0032%	1h	35.259	+0.083%	—	—	10x	as long as short
Variational Omni SOXS	+0.0125%	8h	35.139	−0.258%	$447K	$670K	—	as long as short
MEXC SOXS_USDT	+0.0160%	8h	35.310	+0.228%	$12.1M	$13.2M	50x	as long as short
Binance SOXSUSDT	+0.0163%	8h	35.360	+0.370%	$14.8M	$185.7M	25x	as long as short
BloFin SOXS-USDT	+0.0187%	8h	35.280	+0.143%	$191K	$59K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SOXSUSDClong	+0.0251%	4h	35.230	long leg	$38K	$177K	10x
OKX SOXS-USDT-SWAP	+0.0263%	8h	35.380	+0.427%	$3.0M	$19.5M	25x	as long as short
KuCoin SOXSUSDTMshort	+0.0285%	8h	35.290	+0.171%	$684K	$2.6M	10x
Kraken Futures PF_SOXSUSD	+0.0820%	1h	35.260	+0.086%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.1426%	8h	35.313	+0.237%	$5.7M	$17.5M	20x	as long as short