SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0245%/8h= −26.8% APRnext payment −$2.45 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin+0.083%7-day average −0.005% · 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−$110as in the Price arb table

costs, in and out, $10k−$1191.186% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.083%, 7d avg −0.005%

Together, before fees+0.190%+$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.089% dearer against KuCoin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.005%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.201%, 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	35.930	0.0245	pay 0.0245% / 8h	1h 46m	$697K	$2.7M	10x
Short	Gate SOXS_USDT	35.960	0	get 0.0000% / 8h	1h 46m	$2.2M	$11.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.083%Rate

Funding earned: −$51.45
Price spread: +0.083% → −0.005%: $8.86
Slippage, 4 orders: −$91.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$161.19
Costs to cover: 1.186%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; Gate: 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, 11 min ago	1.40 bp	65.6 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.39 bp	13.8 bp −$14	33.9 bp −$339	93.9 bp −$9,386	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
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.948	+0.049%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.970	+0.111%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDTshort	0.0000%	8h	35.960	+0.083%	$2.2M	$11.7M	25x
SunX SOXS-USDT	0.0000%	8h	35.940	+0.028%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.970	+0.111%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.950	+0.056%	$1.3M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.920	−0.028%	—	—	10x	as long as short
Variational Omni SOXS	+0.0126%	8h	35.699	−0.643%	$456K	$712K	—	as long as short
Binance SOXSUSDT	+0.0161%	8h	35.952	+0.062%	$15.4M	$193.9M	25x	as long as short
MEXC SOXS_USDT	+0.0162%	8h	35.950	+0.056%	$12.1M	$14.0M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0177%	8h	35.960	+0.083%	$3.0M	$20.8M	25x	as long as short
BloFin SOXS-USDT	+0.0179%	8h	35.920	−0.028%	$186K	$62K	25x	as long as short
KuCoin SOXSUSDTMlong	+0.0245%	8h	35.930	long leg	$697K	$2.7M	10x
edgeX SOXSUSDC	+0.0569%	4h	35.756	−0.483%	$39K	$176K	10x	as long as short
Bitget SOXSUSDT	+0.2134%	8h	35.916	−0.039%	$6.0M	$19.2M	20x	as long as short