SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin0.000%54s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$196as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2192.188% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.227%+$23 on $10k

Price spread, last 4 days (all we have)+0.145%+$14 · spread now 0.000%, 7d avg −0.009%

Together, before fees+0.372%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.227%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	34.030	0.0300	pay 0.0300% / 8h	4h 36m	$669K	$2.5M	10x
Short	SunX SOXS-USDT	34.030	0	get 0.0000% / 8h	4h 36m	—	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$63
Price spread: 0.000% → −0.009%: $0.85
Slippage, 4 orders: −$198.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$280.9
Costs to cover: 2.188%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 12 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	1.47 bp	46.3 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	48.42 bp	74.7 bp −$75	doesn't fit	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	−0.0338%	8h	34.034	+0.012%	$5.9M	$16.6M	20x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.020	−0.029%	$2.1M	$10.4M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	33.989	−0.121%	$429K	$620K	—	as long as short
SunX SOXS-USDTshort	0.0000%	8h	34.030	0.000%	—	$4.3M	10x
HTX SOXS-USDT	0.0000%	8h	34.050	+0.059%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.030	0.000%	$1.2M	$1.9M	20x	as long as short
MEXC SOXS_USDT	+0.0006%	8h	34.020	−0.029%	$10.6M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0007%	8h	34.024	−0.018%	$15.6M	$173.5M	25x	as long as short
BloFin SOXS-USDT	+0.0008%	8h	34.020	−0.029%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.979	−0.150%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0119%	8h	34.030	0.000%	$4.2M	$10.5M	50x	as long as short
KuCoin SOXSUSDTMlong	+0.0300%	8h	34.030	long leg	$669K	$2.5M	10x
OKX SOXS-USDT-SWAP	+0.0329%	8h	34.030	0.000%	$3.1M	$17.5M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0386%	1h	33.983	−0.138%	$8K	$32K	20x	as long as short
edgeX SOXSUSDC	+0.0912%	4h	34.019	−0.032%	$37K	$178K	10x	as long as short