SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h +0.010%

Price spread now: Bybit against KuCoin+0.059%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1201.202% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.059%, 7d avg +0.011%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.011%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	34.130	0.0217	pay 0.0217% / 8h	5h 30m	$723K	$2.4M	10x
Short	Bybit SOXSUSDT	34.150	0.0160	get 0.0160% / 8h	5h 30m	$4.2M	$10.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$11.89
Price spread: +0.059% → +0.011%: $4.8
Slippage, 4 orders: −$97.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$127.34
Costs to cover: 1.202%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Bybit: 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, 6 min ago	1.47 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.47 bp	12.1 bp −$12	16.0 bp −$160	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
Bitget SOXSUSDT	−0.0160%	8h	34.157	+0.079%	$6.0M	$16.5M	20x	as long as short
BloFin SOXS-USDT	−0.0002%	8h	34.090	−0.117%	$192K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.124	−0.017%	$15.8M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.110	−0.059%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.120	−0.029%	$10.0M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.108	−0.064%	$430K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.110	−0.059%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.190	+0.176%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.080	−0.146%	$1.2M	$1.9M	20x	as long as short
edgeX SOXSUSDC	+0.0029%	4h	34.099	−0.090%	$37K	$180K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	34.090	−0.117%	—	—	10x	as long as short
Bybit SOXSUSDTshort	+0.0160%	8h	34.150	+0.059%	$4.2M	$10.4M	50x
KuCoin SOXSUSDTMlong	+0.0217%	8h	34.130	long leg	$723K	$2.4M	10x
OKX SOXS-USDT-SWAP	+0.0255%	8h	34.170	+0.117%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1161%	1h	34.091	−0.115%	$8K	$31K	20x	as long as short