Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h +0.034%

Price spread now: Kraken Futures against HTX−0.062%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.062% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOXS-USDT	35.970	0	get 0.0000% / 8h	1h 45m	$11K	$24K	10x
Short	Kraken Futures PF_SOXSUSD	35.948	−0.0028	pay 0.0003% / 1h	45m 27s	$8K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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 HTXbpFee Kraken FuturesbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$5.81
Price spread: −0.062% → 0.000%: −$6.18
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$33.99
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Kraken Futures: 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 HTX no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

HTX and Kraken Futures: 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 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_SOXSUSDshort	−0.0028%	1h	35.948	−0.062%	$8K	$32K	20x
Bybit SOXSUSDT	0.0000%	8h	35.920	−0.139%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.960	−0.028%	$2.2M	$11.8M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.940	−0.083%	—	$4.3M	10x	as long as short
HTX SOXS-USDTlong	0.0000%	8h	35.970	long leg	$11K	$24K	10x
Phemex SOXSUSDT	0.0000%	8h	35.950	−0.056%	$1.3M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.960	−0.028%	—	—	10x	as long as short
Variational Omni SOXS	+0.0122%	8h	35.939	−0.087%	$464K	$717K	—	as long as short
Binance SOXSUSDT	+0.0161%	8h	35.904	−0.184%	$15.4M	$194.0M	25x	as long as short
MEXC SOXS_USDT	+0.0161%	8h	35.910	−0.167%	$12.1M	$14.0M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0177%	8h	35.920	−0.139%	$3.0M	$20.8M	25x	as long as short
BloFin SOXS-USDT	+0.0179%	8h	35.920	−0.139%	$186K	$62K	25x	as long as short
KuCoin SOXSUSDTM	+0.0244%	8h	35.920	−0.139%	$697K	$2.7M	10x	as long as short
edgeX SOXSUSDC	+0.0821%	4h	35.909	−0.171%	$39K	$176K	10x	as long as short
Bitget SOXSUSDT	+0.2161%	8h	35.880	−0.250%	$6.0M	$19.3M	20x	as long as short