Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate−0.055%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1741.739% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.055%, 7d avg +0.003%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.058% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	36.350	0	get 0.0000% / 8h	7h 34m	$2.7M	$15.0M	25x
Short	SunX SOXS-USDT	36.330	0	get 0.0000% / 8h	7h 34m	—	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → +0.003%: −$5.83
Slippage, 4 orders: −$150.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$179.73
Costs to cover: 1.739%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; SunX: 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, 4 min ago	2.76 bp	16.1 bp −$16	40.7 bp −$407	73.4 bp −$7,341	doesn't fit
Sell SunX live order book, 4 min ago	48.28 bp	74.1 bp −$74	doesn't fit	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	−0.0663%	1h	36.326	−0.067%	$9K	$33K	20x	as long as short
edgeX SOXSUSDC	−0.0496%	4h	36.215	−0.372%	$40K	$172K	10x	as long as short
BloFin SOXS-USDT	−0.0004%	8h	36.320	−0.083%	$175K	$67K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	36.357	+0.020%	$14.7M	$201.4M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	36.390	+0.110%	$4.2M	$11.3M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	36.370	+0.055%	$2.7M	$22.0M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	36.350	long leg	$2.7M	$15.0M	25x
MEXC SOXS_USDT	0.0000%	8h	36.330	−0.055%	$12.8M	$15.1M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	36.299	−0.140%	$472K	$695K	—	as long as short
SunX SOXS-USDTshort	0.0000%	8h	36.330	−0.055%	—	$4.1M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	36.230	−0.330%	$13K	$27K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	36.320	−0.083%	$1.3M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	36.304	−0.127%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	36.320	−0.083%	$717K	$2.8M	10x	as long as short
Bitget SOXSUSDT	+0.1745%	8h	36.376	+0.072%	$5.5M	$20.7M	20x	as long as short