Funding you earn now, next payment 08:00 UTC−0.0752%/8h= −82.3% APRnext payment −$7.52 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against MEXC+0.100%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 7 days−0.358%−$36 on $10k
+Price spread, last 7 days−0.134%−$13 · spread now +0.100%, 7d avg +0.027%
=The price spread pays, funding is against you. Bitget is 0.073% dearer against MEXC than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.027%): +$7 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.358% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.358% in total (about -18.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXS_USDT | 34.100 | 0 | get 0.0000% / 8h | 6h 46m | $10.0M | $12.0M | 50x |
| Short | Bitget SOXSUSDT | 34.134 | −0.0752 | pay 0.0752% / 8h | 6h 46m | $6.0M | $16.5M | 20x |
MEXC SOXS_USDT
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$157.92
- Price spread: +0.100% → +0.027%
- $7.32
- Slippage, 4 orders
- −$19.63
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$182.24
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Bitget: live order book, 3 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, 7 min ago | 2.95 bp | 2.9 bp −$3 | 5.0 bp −$50 | 11.5 bp −$1,149 | 42.4 bp −$21.2K |
| Sell Bitget live order book, 3 min ago | 1.32 bp | 11.9 bp −$12 | 36.5 bp −$365 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXSUSDTshort | −0.0752% | 8h | 34.134 | +0.100% | $6.0M | $16.5M | 20x | |
| BloFin SOXS-USDT | −0.0018% | 8h | 34.090 | −0.029% | $167K | $54K | 25x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 34.114 | +0.042% | $15.8M | $172.1M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 34.100 | 0.000% | $2.1M | $9.8M | 25x | as long as short |
| MEXC SOXS_USDTlong | 0.0000% | 8h | 34.100 | long leg | $10.0M | $12.0M | 50x | |
| Variational Omni SOXS | 0.0000% | 8h | 34.110 | +0.028% | $416K | $617K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.120 | +0.059% | — | $4.5M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.060 | −0.117% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.120 | +0.059% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.030 | −0.205% | — | — | 10x | as long as short |
BloFin SOXS-USDT
Binance SOXSUSDT
Gate SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXSShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | +0.0076% | 4h | 34.052 | −0.142% | $37K | $182K | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0090% | 8h | 34.130 | +0.088% | $3.0M | $17.0M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 34.070 | −0.088% | $735K | $2.3M | 10x | as long as short |
| Bybit SOXSUSDT | +0.0394% | 8h | 34.130 | +0.088% | $4.1M | $10.6M | 50x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0555% | 1h | 34.115 | +0.043% | $8K | $31K | 20x | as long as short |
edgeX SOXSUSDC
OKX SOXS-USDT-SWAP
KuCoin SOXSUSDTM
Bybit SOXSUSDT
Kraken Futures PF_SOXSUSD