Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0113%/8h= −12.4% APRnext payment $1.13 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Gate−0.028%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.028%, 7d avg +0.002%
Together, before fees−0.204%−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.029% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXS_USDT36.0400.0113pay 0.0113% / 8h7h 53m$3.0M$14.1M25x
ShortBinance SOXSUSDT36.0300get 0.0000% / 8h7h 53m$14.9M$200.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Funding earned
−$23.73
Price spread: −0.028% → +0.002%
−$2.94
Slippage, 4 orders
−$16.16
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$67.83
Costs to cover
0.412%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago1.39 bp18.0 bp −$1836.8 bp −$36866.2 bp −$6,622doesn't fit
Sell Binance live order book, 5 min ago1.40 bp6.4 bp −$611.2 bp −$11275.6 bp −$7,564doesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXSUSD−0.0669%1h36.034−0.018%$10K$33K20xas long as short
edgeX SOXSUSDC−0.0551%4h36.026−0.039%$39K$172K10xas long as short
Binance SOXSUSDTshort0.0000%8h36.030−0.028%$14.9M$200.1M25x
Bybit SOXSUSDT0.0000%8h36.080+0.111%$4.2M$11.5M50xas long as short
OKX SOXS-USDT-SWAP0.0000%8h36.060+0.055%$2.7M$21.8M25xas long as short
MEXC SOXS_USDT0.0000%8h36.000−0.111%$13.4M$15.0M50xas long as short
Variational Omni SOXS0.0000%8h35.849−0.530%$465K$701Kas long as short
SunX SOXS-USDT0.0000%8h36.050+0.028%$4.2M10xas long as short
HTX SOXS-USDT0.0000%8h36.150+0.305%$13K$27K10xas long as short
Phemex SOXSUSDT0.0000%8h36.060+0.055%$1.3M$1.9M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDT+0.0008%8h36.0400.000%$173K$65K25xas long as short
Lighter SOXS+0.0032%1h36.030−0.028%10xas long as short
KuCoin SOXSUSDTM+0.0100%8h35.910−0.361%$708K$2.8M10xas long as short
Gate SOXS_USDTlong+0.0113%8h36.040long leg$3.0M$14.1M25x
Bitget SOXSUSDT+0.1835%8h35.987−0.147%$5.7M$20.2M20xas long as short