Funding you earn now, next payment 08:00 UTC+0.1926%/8h= +210.9% APRnext payment +$19.26 per $10,000 · paid last 24h −0.068%
Price spread now: Bitget against KuCoin−0.135%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 7 days+0.159%+$16 · spread now −0.135%, 7d avg +0.039%
=Funding pays, the price is against you. Bitget is 0.173% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of +0.039%). If the spread goes back, that is −$17 on $10k: about 7 hours of funding at the current rate (+$58 a day). Mind the row above: over the last 7 days funding on this pair cost −0.377%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.377% in total (about -19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXSUSDTM | 35.670 | 0.0152 | pay 0.0152% / 8h | 1h 01m | $692K | $2.8M | 10x |
| Short | Bitget SOXSUSDT | 35.622 | 0.2078 | get 0.2078% / 8h | 1h 01m | $6.0M | $19.6M | 20x |
KuCoin SOXSUSDTM
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $404.46
- Price spread: −0.135% → +0.039%
- −$17.32
- Slippage, 4 orders
- −$87.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $275.71
- Costs to cover
- 1.114%
- Break-even
- 2.2 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 2 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, 5 min ago | 1.40 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.84 bp | 13.4 bp −$13 | 37.0 bp −$370 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0952% | 4h | 35.690 | +0.056% | $39K | $176K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.592 | −0.219% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.690 | +0.056% | $4.1M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.660 | −0.028% | $2.3M | $12.2M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.650 | −0.056% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.680 | +0.028% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.640 | −0.084% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.619 | −0.143% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0067% | 8h | 35.690 | +0.056% | $2.9M | $20.9M | 25x | as long as short |
| Variational Omni SOXS | +0.0070% | 8h | 35.619 | −0.144% | $461K | $713K | — | as long as short |
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
Variational Omni SOXSShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0087% | 8h | 35.680 | +0.028% | $183K | $63K | 25x | as long as short |
| MEXC SOXS_USDT | +0.0104% | 8h | 35.650 | −0.056% | $13.2M | $14.4M | 50x | as long as short |
| Binance SOXSUSDT | +0.0104% | 8h | 35.674 | +0.011% | $15.2M | $196.4M | 25x | as long as short |
| KuCoin SOXSUSDTMlong | +0.0152% | 8h | 35.670 | long leg | $692K | $2.8M | 10x | |
| Bitget SOXSUSDTshort | +0.2078% | 8h | 35.622 | −0.135% | $6.0M | $19.6M | 20x |
BloFin SOXS-USDT
MEXC SOXS_USDT
Binance SOXSUSDT