SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0249%/8h= −27.2% APRnext payment −$2.49 per $10,000 · paid last 24h −0.013%

Price spread now: BloFin against KuCoin−0.147%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1371.366% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.147%, 7d avg 0.000%

Together, before fees+0.435%+$44 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.147% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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	34.010	0.0266	pay 0.0266% / 8h	5h 02m	$704K	$2.5M	10x
Short	BloFin SOXS-USDT	33.960	0.0017	get 0.0017% / 8h	5h 02m	$192K	$54K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.147%Rate

Funding earned: −$52.21
Price spread: −0.147% → 0.000%: −$14.68
Slippage, 4 orders: −$112.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$203.52
Costs to cover: 1.366%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 35 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, 4 min ago	1.47 bp	75.7 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	1.47 bp	8.6 bp −$9	15.6 bp −$156	45.0 bp −$4,501	139.3 bp −$69.7K

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
Bitget SOXSUSDT	−0.0295%	8h	33.993	−0.050%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.002	−0.024%	$15.6M	$173.0M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.980	−0.088%	$2.1M	$10.4M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.000	−0.029%	$10.1M	$12.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.968	−0.122%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.980	−0.088%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.070	+0.176%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.980	−0.088%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDTshort	+0.0017%	8h	33.960	−0.147%	$192K	$54K	25x
Lighter SOXS	+0.0032%	1h	33.979	−0.091%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0134%	8h	34.000	−0.029%	$4.1M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0234%	4h	33.958	−0.154%	$37K	$179K	10x	as long as short
KuCoin SOXSUSDTMlong	+0.0266%	8h	34.010	long leg	$704K	$2.5M	10x
OKX SOXS-USDT-SWAP	+0.0307%	8h	34.010	0.000%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1165%	1h	33.978	−0.093%	$8K	$31K	20x	as long as short