Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0805%/8h= −88.1% APRpaid last 24h —

Price spread now: edgeX against Lighter+0.212%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 edgeX

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 · edgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.212% dearer against Lighter than usual: you sell high and buy low (spread +0.212% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	33.689	0.0032	pay 0.0004% / 1h	5m 14s	—	—	10x
Short	edgeX SOXSUSDC	33.760	−0.0773	pay 0.0386% / 4h	3h 05m	$37K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.212%Rate

Funding earned: −$168.95
Price spread: +0.212% → 0.000%: $21.17
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$156.77
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 1 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 edgeX live order book, 1 min ago	8.89 bp	13.7 bp −$14	35.7 bp −$357	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
Kraken Futures PF_SOXSUSD	−0.1382%	1h	33.715	+0.077%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	−0.0842%	8h	33.753	+0.190%	$5.9M	$16.5M	20x	as long as short
edgeX SOXSUSDCshort	−0.0773%	4h	33.760	+0.212%	$37K	$182K	10x
BloFin SOXS-USDT	−0.0023%	8h	33.770	+0.240%	$165K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.740	+0.153%	$14.8M	$171.6M	25x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	33.770	+0.240%	$2.5M	$16.2M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.740	+0.151%	$2.0M	$9.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.740	+0.151%	$9.5M	$12.3M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.749	+0.177%	$412K	$625K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.750	+0.181%	—	$4.6M	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	33.780	+0.270%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.740	+0.151%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSlong	+0.0032%	1h	33.689	long leg	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	33.770	+0.240%	$728K	$2.3M	10x	as long as short
Bybit SOXSUSDT	+0.0110%	8h	33.760	+0.211%	$4.0M	$10.5M	50x	as long as short