Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0525%/8h= −57.5% APRpaid last 24h +0.155%

Price spread now: MEXC against edgeX+0.061%83s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as 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−$300.302% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.369%−$37 on $10k

Price spread, last 4 days (all we have)+0.215%+$21 · spread now +0.061%, 7d avg +0.003%

Together, before fees−0.154%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.058% dearer against edgeX than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.369% in total) that is about 27 hours. The two prices were read 83 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	35.738	0.0588	pay 0.0294% / 4h	36m 10s	$39K	$175K	10x
Short	MEXC SOXS_USDT	35.760	0.0063	get 0.0063% / 8h	36m 10s	$13.2M	$14.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$110.25
Price spread: +0.061% → +0.003%: $5.85
Slippage, 4 orders: −$21.19
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$134.59
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from edgeX: live order book, just now; MEXC: 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, just now	8.39 bp	14.1 bp −$14	35.8 bp −$358	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.40 bp	1.4 bp −$1	1.9 bp −$19	7.2 bp −$723	33.0 bp −$16.5K

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_SOXSUSD	−0.0119%	1h	35.725	−0.037%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.790	+0.145%	$4.1M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.730	−0.022%	$2.2M	$12.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.750	+0.034%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.800	+0.173%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.790	+0.145%	$1.2M	$1.9M	20x	as long as short
OKX SOXS-USDT-SWAP	+0.0018%	8h	35.780	+0.117%	$2.8M	$21.3M	25x	as long as short
Variational Omni SOXS	+0.0024%	8h	35.638	−0.280%	$461K	$707K	—	as long as short
Lighter SOXS	+0.0032%	1h	35.740	+0.006%	—	—	10x	as long as short
MEXC SOXS_USDTshort	+0.0063%	8h	35.760	+0.061%	$13.2M	$14.3M	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0063%	8h	35.772	+0.094%	$15.1M	$196.5M	25x	as long as short
BloFin SOXS-USDT	+0.0065%	8h	35.720	−0.050%	$178K	$63K	25x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.750	+0.034%	$693K	$2.8M	10x	as long as short
edgeX SOXSUSDClong	+0.0588%	4h	35.738	long leg	$39K	$175K	10x
Bitget SOXSUSDT	+0.1936%	8h	35.689	−0.137%	$6.0M	$19.6M	20x	as long as short