Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h —

Price spread now: BloFin against Lighter−0.069%90s7-day average — · you buy dearer than you sell

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

Long on Lighter Short on BloFin

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.069% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 90 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	Lighter SOXS	34.664	0.0032	pay 0.0004% / 1h	17m 39s	—	—	10x
Short	BloFin SOXS-USDT	34.640	0.0012	get 0.0012% / 8h	17m 39s	$164K	$55K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$4.2
Price spread: −0.069% → 0.000%: −$6.92
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$23.13
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 44 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 BloFin live order book, 44 min ago	4.29 bp	10.3 bp −$10	15.0 bp −$150	42.1 bp −$4,205	133.7 bp −$66.8K

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	−0.0399%	4h	34.746	+0.235%	$38K	$183K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0299%	1h	34.601	−0.181%	$8K	$32K	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.679	+0.043%	$12.9M	$163.5M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.690	+0.075%	$3.9M	$9.7M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.710	+0.133%	$2.5M	$14.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.670	+0.017%	$2.0M	$8.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.690	+0.075%	$12.3M	$11.1M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.704	+0.115%	$4.8M	$15.2M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.720	+0.162%	$297K	$314K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.650	−0.040%	—	$4.7M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	34.720	+0.162%	$11K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.660	−0.012%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDTshort	+0.0012%	8h	34.640	−0.069%	$164K	$55K	25x
Lighter SOXSlong	+0.0032%	1h	34.664	long leg	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	34.670	+0.017%	$707K	$2.2M	10x	as long as short