Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.0% APRpaid last 24h +0.060%

Price spread now: edgeX against Kraken Futures+0.158%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.158% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.158% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOXSUSD	34.716	−0.0298	get 0.0037% / 1h	40m 54s	$8K	$32K	20x
Short	edgeX SOXSUSDC	34.771	−0.0554	pay 0.0277% / 4h	40m 54s	$38K	$185K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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 Kraken FuturesbpFee edgeXbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$53.68
Price spread: +0.158% → 0.000%: $15.77
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$56.91
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; edgeX: live order book, 36 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell edgeX live order book, 36 min ago	8.55 bp	13.5 bp −$13	34.4 bp −$344	doesn't fit	doesn't fit

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
edgeX SOXSUSDCshort	−0.0554%	4h	34.771	+0.158%	$38K	$185K	10x
Kraken Futures PF_SOXSUSDlong	−0.0298%	1h	34.716	long leg	$8K	$32K	20x
BloFin SOXS-USDT	−0.0010%	8h	34.770	+0.155%	$162K	$56K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.766	+0.144%	$12.9M	$163.7M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.770	+0.155%	$3.9M	$9.8M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.780	+0.184%	$2.6M	$14.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.760	+0.126%	$2.0M	$8.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.760	+0.126%	$12.5M	$10.8M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.772	+0.161%	$4.9M	$15.1M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.761	+0.128%	$293K	$317K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDT	0.0000%	8h	34.760	+0.126%	—	$4.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.790	+0.213%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.770	+0.155%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.774	+0.167%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.770	+0.155%	$719K	$2.2M	10x	as long as short