Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.174%

Price spread now: Variational Omni against Gate+0.523%7-day average +0.015% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.169%−$17 on $10k

Price spread, last 3 days (all we have)−0.443%−$44 · spread now +0.523%, 7d avg +0.015%

Together, before fees−0.612%+ Points / potential airdropVariational Omni: Active · farm board−$61 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: Variational Omni is 0.508% dearer against Gate than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	34.490	0	get 0.0000% / 8h	7h 59m	$1.9M	$8.4M	25x
Short	Variational Omni SOXS	34.670	0	get 0.0000% / 8h	7h 59m	$331K	$348K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.523%Rate

Funding earned: $0
Price spread: +0.523% → +0.015%: $50.78
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $35.78
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 15 min ago. 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, 4 min ago	2.88 bp	14.4 bp −$14	35.7 bp −$357	72.5 bp −$7,246	doesn't fit
Sell Variational Omni RFQ quote, 15 min ago	4.13 bp	doesn't fit	15.5 bp −$155	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	−0.1354%	1h	34.422	−0.198%	$8K	$32K	20x	as long as short
edgeX SOXSUSDC	−0.0667%	4h	34.671	+0.525%	$38K	$184K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.454	−0.104%	$12.8M	$164.3M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.360	−0.377%	$3.9M	$9.8M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.510	+0.058%	$2.5M	$15.1M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	34.490	long leg	$1.9M	$8.4M	25x
MEXC SOXS_USDT	0.0000%	8h	34.510	+0.058%	$12.4M	$11.3M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.511	+0.061%	$4.8M	$15.4M	20x	as long as short
Variational Omni SOXSshort	0.0000%	8h	34.670	+0.523%	$331K	$348K	—
SunX SOXS-USDT	0.0000%	8h	34.460	−0.087%	—	$4.7M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	34.740	+0.725%	$11K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.670	+0.522%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0019%	8h	34.670	+0.522%	$164K	$55K	25x	as long as short
Lighter SOXS	+0.0032%	1h	34.130	−1.044%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.690	+0.580%	$710K	$2.2M	10x	as long as short