Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.067%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$170.172% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.067%, 7d avg −0.015%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.082% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	35.650	0.0104	pay 0.0104% / 8h	1h 02m	$13.2M	$14.4M	50x
Short	Binance SOXSUSDT	35.674	0.0104	get 0.0104% / 8h	1h 02m	$15.2M	$196.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $0.03
Price spread: +0.067% → −0.015%: $8.18
Slippage, 4 orders: −$7.21
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$9
Costs to cover: 0.172%
Break-even: 2150.6 days

Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 11 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 MEXC live order book, 1 min ago	1.40 bp	1.4 bp −$1	3.0 bp −$30	6.8 bp −$680	34.2 bp −$17.1K
Sell Binance live order book, 11 min ago	1.40 bp	8.0 bp −$8	11.9 bp −$119	56.7 bp −$5,668	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
edgeX SOXSUSDC	−0.0952%	4h	35.690	+0.113%	$39K	$176K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.592	−0.163%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.690	+0.112%	$4.1M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.660	+0.028%	$2.3M	$12.2M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.650	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.680	+0.084%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.640	−0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.619	−0.087%	—	—	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0067%	8h	35.690	+0.112%	$2.9M	$20.9M	25x	as long as short
Variational Omni SOXS	+0.0070%	8h	35.619	−0.088%	$461K	$713K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0087%	8h	35.680	+0.084%	$183K	$63K	25x	as long as short
MEXC SOXS_USDTlong	+0.0104%	8h	35.650	long leg	$13.2M	$14.4M	50x
Binance SOXSUSDTshort	+0.0104%	8h	35.674	+0.067%	$15.2M	$196.4M	25x
KuCoin SOXSUSDTM	+0.0152%	8h	35.670	+0.056%	$692K	$2.8M	10x	as long as short
Bitget SOXSUSDT	+0.2078%	8h	35.622	−0.079%	$6.0M	$19.6M	20x	as long as short