Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0431%/8h= +47.2% APRpaid last 24h —

Price spread now: Lighter against edgeX−0.163%79s7-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 Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.163% cheaper against edgeX than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 30 hours of funding at the current rate (+$13 a day). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	34.746	−0.0399	get 0.0199% / 4h	20m 00s	$38K	$183K	10x
Short	Lighter SOXS	34.689	0.0032	get 0.0004% / 1h	20m 00s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 LighterbpOrdersPrice spread, now −0.163%Rate

Funding earned: $90.46
Price spread: −0.163% → 0.000%: −$16.29
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $65.17
Costs to cover: 0.090%
Break-even: 2.0 days

Slippage unknown: edgeX: live order book, 57 min ago; Lighter: 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, 57 min ago	8.55 bp	13.5 bp −$13	36.7 bp −$367	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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
edgeX SOXSUSDClong	−0.0399%	4h	34.746	long leg	$38K	$183K	10x
Kraken Futures PF_SOXSUSD	−0.0299%	1h	34.621	−0.359%	$8K	$32K	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.690	−0.160%	$12.9M	$163.3M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.700	−0.131%	$3.9M	$9.7M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.710	−0.102%	$2.5M	$14.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.680	−0.189%	$2.0M	$8.7M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.680	−0.189%	$12.3M	$11.0M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.697	−0.140%	$4.8M	$15.2M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.720	−0.073%	$297K	$314K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.670	−0.218%	—	$4.7M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	34.730	−0.045%	$11K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.680	−0.189%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0030%	8h	34.700	−0.131%	$164K	$56K	25x	as long as short
Lighter SOXSshort	+0.0032%	1h	34.689	−0.163%	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	34.700	−0.131%	$708K	$2.2M	10x	as long as short