Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin+0.029%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 7 days+0.019%+$2 · spread now +0.029%, 7d avg +0.045%
Together, before fees+0.141%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXSUSDTM34.1600.0162pay 0.0162% / 8h5h 52m$730K$2.4M10x
ShortOKX SOXS-USDT-SWAP34.1700.0197get 0.0197% / 8h5h 52m$3.1M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$7.3
Price spread: +0.029% → +0.045%
−$1.6
Slippage, 4 orders
−$86.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$102.8
Costs to cover
1.085%
Break-even
105.6 days
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago2.93 bp54.7 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.46 bp6.5 bp −$615.2 bp −$152doesn't fitdoesn't fit

SOXS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0587%4h34.158−0.005%$37K$180K10xas long as short
Bitget SOXSUSDT−0.0112%8h34.170+0.029%$6.0M$16.5M20xas long as short
Binance SOXSUSDT0.0000%8h34.150−0.029%$15.8M$173.2M25xas long as short
Gate SOXS_USDT0.0000%8h34.150−0.029%$2.2M$10.2M25xas long as short
MEXC SOXS_USDT0.0000%8h34.150−0.029%$10.1M$12.5M50xas long as short
Variational Omni SOXS0.0000%8h34.179+0.057%$431K$636Kas long as short
SunX SOXS-USDT0.0000%8h34.1600.000%$4.4M10xas long as short
HTX SOXS-USDT0.0000%8h34.200+0.117%$10K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.150−0.029%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h34.119−0.120%10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SOXSUSDTMlong+0.0162%8h34.160long leg$730K$2.4M10x
OKX SOXS-USDT-SWAPshort+0.0197%8h34.170+0.029%$3.1M$17.2M25x
Bybit SOXSUSDT+0.0219%8h34.170+0.029%$4.2M$10.4M50xas long as short
Kraken Futures PF_SOXSUSD+0.1160%1h34.129−0.090%$8K$31K20xas long as short