Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0229%/8h= +25.0% APRpaid last 24h +0.095%

Price spread now: OKX against edgeX+0.178%81s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as 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−$450.454% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.178%, 7d avg +0.046%

Together, before fees−0.100%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.132% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.046%. Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour. The two prices were read 81 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	34.099	0.0029	pay 0.0015% / 4h	1h 30m	$37K	$180K	10x
Short	OKX SOXS-USDT-SWAP	34.160	0.0258	get 0.0258% / 8h	5h 30m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.178%Rate

Funding earned: $47.99
Price spread: +0.178% → +0.046%: $13.21
Slippage, 4 orders: −$26.44
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $15.75
Costs to cover: 0.454%
Break-even: 4.7 days

Slippage from edgeX: live order book, 31 min ago; OKX: live order book, 3 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, 31 min ago	8.76 bp	13.7 bp −$14	40.4 bp −$404	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.47 bp	9.4 bp −$9	17.2 bp −$172	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
Bitget SOXSUSDT	−0.0160%	8h	34.147	+0.140%	$6.0M	$16.5M	20x	as long as short
BloFin SOXS-USDT	−0.0002%	8h	34.090	−0.027%	$192K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.146	+0.137%	$15.8M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.130	+0.090%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.140	+0.119%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.108	+0.025%	$430K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.130	+0.090%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.190	+0.266%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.140	+0.119%	$1.2M	$1.9M	20x	as long as short
edgeX SOXSUSDClong	+0.0029%	4h	34.099	long leg	$37K	$180K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	34.109	+0.028%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0160%	8h	34.150	+0.149%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0218%	8h	34.140	+0.119%	$723K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0258%	8h	34.160	+0.178%	$3.1M	$17.2M	25x
Kraken Futures PF_SOXSUSD	+0.1160%	1h	34.125	+0.074%	$8K	$31K	20x	as long as short