Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.056%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.056% cheaper against Gate than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	35.520	0	get 0.0000% / 8h	4h 48m	$2.1M	$16.6M	25x
Short	Lighter SOXS	35.500	0.0032	get 0.0004% / 1h	48m 35s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.056%Rate

Funding earned: $6.72
Price spread: −0.056% → 0.000%: −$5.63
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$13.91
Costs to cover: 0.150%
Break-even: 21.5 days

Slippage unknown: Gate: live order book, 3 min ago; Lighter: no order-book sample. Net counts fees only.

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, 3 min ago	2.83 bp	12.9 bp −$13	33.3 bp −$333	66.6 bp −$6,663	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXS on 15 exchanges

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
edgeX SOXSUSDC	−0.0702%	4h	35.399	−0.340%	$39K	$171K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0234%	1h	35.634	+0.321%	$13K	$35K	20x	as long as short
BloFin SOXS-USDT	0.0000%	8h	35.610	+0.253%	$174K	$77K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.540	+0.055%	$13.8M	$221.2M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.550	+0.084%	$3.8M	$12.6M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.570	+0.141%	$2.7M	$25.8M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	35.520	long leg	$2.1M	$16.6M	25x
MEXC SOXS_USDT	0.0000%	8h	35.510	−0.028%	$11.8M	$16.0M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.416	−0.294%	$428K	$754K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.630	+0.310%	—	$3.7M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	35.460	−0.169%	$12K	$22K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.620	+0.282%	$1.3M	$1.8M	20x	as long as short
Lighter SOXSshort	+0.0032%	1h	35.500	−0.056%	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	35.510	−0.028%	$678K	$3.1M	10x	as long as short
Bitget SOXSUSDT	+0.0416%	8h	35.531	+0.031%	$5.3M	$23.7M	20x	as long as short