Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against Gate−0.059%78s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$410.412% of the position
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.059%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.070% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 78 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 | Gate SOXS_USDT | 34.110 | 0 | get 0.0000% / 8h | 6h 47m | $2.1M | $9.8M | 25x |
| Short | BloFin SOXS-USDT | 34.090 | −0.0018 | pay 0.0018% / 8h | 6h 47m | $167K | $54K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$3.69
- Price spread: −0.059% → +0.011%
- −$7.01
- Slippage, 4 orders
- −$14.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.9
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 4 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, 1 min ago | 2.93 bp | 10.4 bp −$10 | 34.3 bp −$343 | 74.3 bp −$7,429 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.47 bp | 7.5 bp −$7 | 12.2 bp −$122 | 48.5 bp −$4,854 | 126.0 bp −$63.0K |
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 | −0.0798% | 8h | 34.153 | +0.126% | $6.0M | $16.4M | 20x | as long as short |
| edgeX SOXSUSDC | −0.0328% | 4h | 33.939 | −0.503% | $37K | $181K | 10x | as long as short |
| BloFin SOXS-USDTshort | −0.0018% | 8h | 34.090 | −0.059% | $167K | $54K | 25x | |
| Binance SOXSUSDT | 0.0000% | 8h | 34.160 | +0.147% | $15.8M | $172.3M | 25x | as long as short |
| Gate SOXS_USDTlong | 0.0000% | 8h | 34.110 | long leg | $2.1M | $9.8M | 25x | |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.140 | +0.088% | $10.0M | $12.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.010 | −0.294% | $415K | $617K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.110 | 0.000% | — | $4.5M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.060 | −0.147% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.120 | +0.029% | $1.2M | $1.9M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SOXS | +0.0032% | 1h | 34.100 | −0.029% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0070% | 8h | 34.200 | +0.264% | $2.9M | $17.0M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 34.080 | −0.088% | $735K | $2.3M | 10x | as long as short |
| Bybit SOXSUSDT | +0.0354% | 8h | 34.180 | +0.205% | $4.1M | $10.6M | 50x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0555% | 1h | 34.107 | −0.009% | $8K | $31K | 20x | as long as short |
Gate SOXS_USDT
BloFin SOXS-USDT
Bitget SOXSUSDT
edgeX SOXSUSDC
Binance SOXSUSDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
KuCoin SOXSUSDTM
Bybit SOXSUSDT
Kraken Futures PF_SOXSUSD