Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h −0.156%
Price spread now: Bitget against Gate+0.077%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days−0.579%−$58 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.077%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.579%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOXS_USDT | 35.100 | 0 | get 0.0000% / 8h | 1h 36m | $2.0M | $8.9M | 25x |
| Short | Bitget SOXSUSDT | 35.127 | 0.0031 | get 0.0031% / 8h | 1h 36m | $5.3M | $15.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $6.51
- Price spread: +0.077% → +0.040%
- $3.68
- Slippage, 4 orders
- −$23.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.89
- Costs to cover
- 0.501%
- Break-even
- 49.9 days
Slippage from Gate: live order book, 2 min ago; Bitget: 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 Gate live order book, 2 min ago | 2.85 bp | 10.4 bp −$10 | 35.7 bp −$357 | 71.7 bp −$7,168 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.86 bp | 12.0 bp −$12 | 28.6 bp −$286 | 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 | −0.1060% | 1h | 35.094 | −0.016% | $8K | $31K | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.120 | +0.058% | $13.4M | $166.5M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.140 | +0.114% | $4.0M | $10.1M | 50x | as long as short |
| Gate SOXS_USDTlong | 0.0000% | 8h | 35.100 | long leg | $2.0M | $8.9M | 25x | |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.110 | +0.028% | $13.1M | $10.7M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.131 | +0.088% | $301K | $335K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.120 | +0.057% | — | $5.0M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.170 | +0.199% | $12K | $23K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.120 | +0.057% | $1.2M | $1.9M | 20x | as long as short |
| BloFin SOXS-USDT | +0.0002% | 8h | 35.110 | +0.028% | $158K | $57K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXS-USDT-SWAP | +0.0005% | 8h | 35.130 | +0.085% | $2.5M | $13.9M | 25x | as long as short |
| Bitget SOXSUSDTshort | +0.0031% | 8h | 35.127 | +0.077% | $5.3M | $15.7M | 20x | |
| Lighter SOXS | +0.0032% | 1h | 35.100 | 0.000% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.110 | +0.028% | $726K | $2.1M | 10x | as long as short |
| edgeX SOXSUSDC | +0.0392% | 4h | 35.081 | −0.053% | $38K | $185K | 10x | as long as short |
Gate SOXS_USDT
Bitget SOXSUSDT
Kraken Futures PF_SOXSUSD
Binance SOXSUSDT
Bybit SOXSUSDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
Lighter SOXS
KuCoin SOXSUSDTM
edgeX SOXSUSDC