Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.040% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	35.349	0.0032	pay 0.0004% / 1h	10m 31s	—	—	10x
Short	Bitget SOXSUSDT	35.363	0.0104	get 0.0104% / 8h	2h 10m	$5.5M	$15.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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 LighterbpFee BitgetbpOrdersPrice spread, now +0.040%Rate

Funding earned: $15.12
Price spread: +0.040% → 0.000%: $3.96
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: $7.08
Costs to cover: 0.120%
Break-even: 3.7 days

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 8 min ago. Net counts fees only.

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 Lighter no order-book sample	—	—	—	—	—
Sell Bitget live order book, 8 min ago	0.14 bp	13.2 bp −$13	32.0 bp −$320	doesn't fit	doesn't fit

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SOXSUSDC	−0.0299%	4h	35.305	−0.124%	$38K	$187K	10x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.380	+0.088%	$4.1M	$10.1M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.350	+0.003%	$1.9M	$9.1M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	35.263	−0.242%	$302K	$360K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.360	+0.031%	—	$5.0M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.390	+0.116%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.350	+0.003%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0007%	8h	35.370	+0.059%	$159K	$57K	25x	as long as short
Binance SOXSUSDT	+0.0025%	8h	35.366	+0.048%	$13.6M	$166.6M	25x	as long as short
MEXC SOXS_USDT	+0.0027%	8h	35.360	+0.031%	$13.3M	$10.7M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXSlong	+0.0032%	1h	35.349	long leg	—	—	10x
OKX SOXS-USDT-SWAP	+0.0065%	8h	35.370	+0.059%	$2.4M	$13.7M	25x	as long as short
KuCoin SOXSUSDTM	+0.0101%	8h	35.350	+0.003%	$732K	$2.1M	10x	as long as short
Bitget SOXSUSDTshort	+0.0104%	8h	35.363	+0.040%	$5.5M	$15.6M	20x
Kraken Futures PF_SOXSUSD	+0.0586%	1h	35.390	+0.116%	$11K	$27K	20x	as long as short