Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h —

Price spread now: MEXC against Lighter+0.042%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 MEXC

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 MEXC is 0.042% 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	35.685	0.0032	pay 0.0004% / 1h	49m 45s	—	—	10x
Short	MEXC SOXS_USDT	35.700	0.0089	get 0.0089% / 8h	49m 45s	$13.2M	$14.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.042%Rate

Funding earned: $11.97
Price spread: +0.042% → 0.000%: $4.2
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $16.17
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	1.40 bp	1.4 bp −$1	1.5 bp −$15	5.3 bp −$532	18.7 bp −$9,360

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	−0.0119%	1h	35.744	+0.165%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.730	+0.126%	$4.1M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.710	+0.070%	$2.2M	$12.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.780	+0.266%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.840	+0.434%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.720	+0.098%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSlong	+0.0032%	1h	35.685	long leg	—	—	10x
OKX SOXS-USDT-SWAP	+0.0040%	8h	35.740	+0.154%	$2.8M	$21.2M	25x	as long as short
Variational Omni SOXS	+0.0041%	8h	35.808	+0.345%	$465K	$705K	—	as long as short
BloFin SOXS-USDT	+0.0083%	8h	35.790	+0.294%	$183K	$63K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0085%	8h	35.706	+0.057%	$15.2M	$196.0M	25x	as long as short
MEXC SOXS_USDTshort	+0.0089%	8h	35.700	+0.042%	$13.2M	$14.3M	50x
KuCoin SOXSUSDTM	+0.0126%	8h	35.740	+0.154%	$694K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0616%	4h	35.748	+0.177%	$39K	$175K	10x	as long as short
Bitget SOXSUSDT	+0.2025%	8h	35.663	−0.062%	$6.0M	$19.6M	20x	as long as short