Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h −0.095%

Price spread now: edgeX against Gate+0.081%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$560.559% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.081%, 7d avg +0.017%

Together, before fees−0.065%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.065% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	34.070	0	get 0.0000% / 8h	4h 21m	$2.1M	$10.4M	25x
Short	edgeX SOXSUSDC	34.098	0.0110	get 0.0055% / 4h	21m 16s	$37K	$178K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $23.1
Price spread: +0.081% → +0.017%: $6.48
Slippage, 4 orders: −$31.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$26.37
Costs to cover: 0.559%
Break-even: 15.0 days

Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 35 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	1.47 bp	16.1 bp −$16	35.1 bp −$351	67.7 bp −$6,767	doesn't fit
Sell edgeX live order book, 35 min ago	8.83 bp	13.9 bp −$14	37.5 bp −$375	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	−0.0262%	8h	34.100	+0.088%	$5.9M	$16.6M	20x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	34.070	long leg	$2.1M	$10.4M	25x
SunX SOXS-USDT	0.0000%	8h	34.110	+0.117%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.130	+0.176%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.070	0.000%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0008%	8h	34.090	+0.059%	$193K	$54K	25x	as long as short
Variational Omni SOXS	+0.0023%	8h	34.119	+0.143%	$430K	$616K	—	as long as short
Lighter SOXS	+0.0032%	1h	34.039	−0.091%	—	—	10x	as long as short
MEXC SOXS_USDT	+0.0038%	8h	34.080	+0.029%	$10.5M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0040%	8h	34.109	+0.114%	$15.8M	$173.9M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SOXSUSDCshort	+0.0110%	4h	34.098	+0.081%	$37K	$178K	10x
Bybit SOXSUSDT	+0.0129%	8h	34.120	+0.147%	$4.2M	$10.6M	50x	as long as short
KuCoin SOXSUSDTM	+0.0322%	8h	34.080	+0.029%	$669K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0347%	8h	34.110	+0.117%	$3.1M	$17.5M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0385%	1h	34.091	+0.063%	$8K	$32K	20x	as long as short