Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0469%/8h= −51.3% APRpaid last 24h −0.169%

Price spread now: edgeX against KuCoin+0.103%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1331.330% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.351%+$35 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.103%, 7d avg +0.002%

Together, before fees+0.193%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.101% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.002%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.351%, 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	35.240	0.0304	pay 0.0304% / 8h	3h 15m	$678K	$2.6M	10x
Short	edgeX SOXSUSDC	35.276	−0.0165	pay 0.0082% / 4h	3h 15m	$39K	$178K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$98.48
Price spread: +0.103% → +0.002%: $10.07
Slippage, 4 orders: −$112.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$221.43
Costs to cover: 1.330%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 36 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, 2 min ago	2.85 bp	58.1 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 36 min ago	8.67 bp	14.0 bp −$14	36.5 bp −$365	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 SOXSUSDCshort	−0.0165%	4h	35.276	+0.103%	$39K	$178K	10x
Gate SOXS_USDT	0.0000%	8h	35.240	0.000%	$2.2M	$11.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.210	−0.085%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.240	0.000%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.250	+0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.210	−0.085%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0083%	8h	35.270	+0.085%	$4.3M	$10.7M	50x	as long as short
BloFin SOXS-USDT	+0.0119%	8h	35.260	+0.057%	$195K	$58K	25x	as long as short
Variational Omni SOXS	+0.0127%	8h	35.179	−0.174%	$441K	$648K	—	as long as short
Binance SOXSUSDT	+0.0148%	8h	35.248	+0.023%	$14.9M	$180.8M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXS_USDT	+0.0150%	8h	35.230	−0.028%	$11.4M	$13.0M	50x	as long as short
KuCoin SOXSUSDTMlong	+0.0304%	8h	35.240	long leg	$678K	$2.6M	10x
OKX SOXS-USDT-SWAP	+0.0315%	8h	35.280	+0.114%	$3.1M	$18.9M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0707%	1h	35.153	−0.247%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.0829%	8h	35.225	−0.043%	$6.0M	$16.8M	20x	as long as short