Funding you earn now, next payment 08:00 UTC−0.0569%/8h= −62.3% APRpaid last 24h +0.139%
Price spread now: SunX against edgeX+0.457%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1641.645% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.432%−$43 · spread now +0.457%, 7d avg −0.012%
=Together, before fees−0.555%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.469% dearer against edgeX than usual: you sell high and buy low (spread +0.457% now, against its 7-day average of −0.012%): +$47 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.124% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXSUSDC | 35.756 | 0.0569 | pay 0.0284% / 4h | 1h 46m | $39K | $176K | 10x |
| Short | SunX SOXS-USDT | 35.920 | 0 | get 0.0000% / 8h | 1h 46m | — | $4.3M | 10x |
edgeX SOXSUSDC
SunX SOXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$119.4
- Price spread: +0.457% → −0.012%
- $46.91
- Slippage, 4 orders
- −$147.46
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$236.95
- Costs to cover
- 1.645%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 60 min ago; SunX: live order book, 12 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, 60 min ago | 8.48 bp | 13.3 bp −$13 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 46.39 bp | 69.0 bp −$69 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.932 | +0.491% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.960 | +0.569% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.940 | +0.513% | $2.2M | $11.7M | 25x | as long as short |
| SunX SOXS-USDTshort | 0.0000% | 8h | 35.920 | +0.457% | — | $4.3M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 35.970 | +0.597% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.920 | +0.457% | $1.3M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.895 | +0.387% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0126% | 8h | 35.699 | −0.160% | $456K | $712K | — | as long as short |
| MEXC SOXS_USDT | +0.0161% | 8h | 35.930 | +0.485% | $12.1M | $14.0M | 50x | as long as short |
| Binance SOXSUSDT | +0.0162% | 8h | 35.940 | +0.513% | $15.4M | $193.9M | 25x | as long as short |
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0179% | 8h | 35.920 | +0.457% | $186K | $62K | 25x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0180% | 8h | 35.950 | +0.541% | $3.0M | $20.8M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0248% | 8h | 35.920 | +0.457% | $697K | $2.7M | 10x | as long as short |
| edgeX SOXSUSDClong | +0.0569% | 4h | 35.756 | long leg | $39K | $176K | 10x | |
| Bitget SOXSUSDT | +0.2111% | 8h | 35.889 | +0.371% | $6.0M | $19.2M | 20x | as long as short |
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
KuCoin SOXSUSDTM
Bitget SOXSUSDT