SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0165%/8h= −18.1% APRnext payment −$1.65 per $10,000 · paid last 24h −0.014%

Price spread now: MEXC against KuCoin−0.088%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$960.956% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days+0.150%+$15 · spread now −0.088%, 7d avg +0.015%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.102% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	34.160	0.0165	pay 0.0165% / 8h	5h 51m	$730K	$2.4M	10x
Short	MEXC SOXS_USDT	34.130	0	get 0.0000% / 8h	5h 51m	$10.1M	$12.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$34.65
Price spread: −0.088% → +0.015%: −$10.23
Slippage, 4 orders: −$83.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$140.46
Costs to cover: 0.956%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; MEXC: 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	2.93 bp	54.7 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.46 bp	1.5 bp −$1	3.7 bp −$37	8.8 bp −$882	36.8 bp −$18.4K

SOXS on 14 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	−0.0114%	8h	34.153	−0.020%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.130	−0.088%	$15.8M	$173.2M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.150	−0.029%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDTshort	0.0000%	8h	34.130	−0.088%	$10.1M	$12.5M	50x
Variational Omni SOXS	0.0000%	8h	34.179	+0.057%	$431K	$636K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.160	0.000%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.200	+0.117%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.140	−0.059%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.109	−0.149%	—	—	10x	as long as short
KuCoin SOXSUSDTMlong	+0.0165%	8h	34.160	long leg	$730K	$2.4M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0200%	8h	34.160	0.000%	$3.1M	$17.2M	25x	as long as short
Bybit SOXSUSDT	+0.0217%	8h	34.140	−0.059%	$4.2M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0428%	4h	34.157	−0.009%	$37K	$180K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.1159%	1h	34.137	−0.069%	$8K	$31K	20x	as long as short