SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.014%

Price spread now: Binance against KuCoin−0.084%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$980.984% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.143%+$14 · spread now −0.084%, 7d avg −0.003%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.081% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	35.720	0.0192	pay 0.0192% / 8h	1h 23m	$696K	$2.8M	10x
Short	Binance SOXSUSDT	35.690	0.0137	get 0.0137% / 8h	1h 23m	$15.2M	$195.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.084%Rate

Funding earned: −$11.51
Price spread: −0.084% → −0.003%: −$8.07
Slippage, 4 orders: −$76.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$118.01
Costs to cover: 0.984%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 5 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 KuCoin live order book, 3 min ago	1.40 bp	31.8 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.40 bp	6.7 bp −$7	11.1 bp −$111	56.2 bp −$5,625	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
edgeX SOXSUSDC	−0.0041%	4h	35.803	+0.232%	$39K	$175K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.643	−0.215%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.700	−0.056%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.690	−0.084%	$2.3M	$12.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.730	+0.028%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.870	+0.420%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.680	−0.112%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.655	−0.182%	—	—	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0097%	8h	35.710	−0.028%	$2.9M	$20.9M	25x	as long as short
Variational Omni SOXS	+0.0099%	8h	35.709	−0.031%	$465K	$714K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDTshort	+0.0137%	8h	35.690	−0.084%	$15.2M	$195.4M	25x
MEXC SOXS_USDT	+0.0141%	8h	35.680	−0.112%	$12.6M	$14.3M	50x	as long as short
BloFin SOXS-USDT	+0.0171%	8h	35.770	+0.140%	$186K	$62K	25x	as long as short
KuCoin SOXSUSDTMlong	+0.0192%	8h	35.720	long leg	$696K	$2.8M	10x
Bitget SOXSUSDT	+0.2343%	8h	35.643	−0.216%	$6.0M	$19.4M	20x	as long as short