Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0491%/8h= −53.8% APRpaid last 24h −0.155%

Price spread now: edgeX against MEXC−0.083%98s7-day average 0.000% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.300% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.369%+$37 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.083%, 7d avg 0.000%

Together, before fees+0.390%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and edgeX is 0.083% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of 0.000%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.369%, so the current rate has only just turned against you. The two prices were read 98 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	MEXC SOXS_USDT	35.410	0.0143	pay 0.0143% / 8h	2h 06m	$10.4M	$13.8M	50x
Short	edgeX SOXSUSDC	35.380	−0.0348	pay 0.0174% / 4h	2h 06m	$39K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$103.16
Price spread: −0.083% → 0.000%: −$8.33
Slippage, 4 orders: −$20.98
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$141.47
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; edgeX: live order book, 41 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, 2 min ago	1.41 bp	1.4 bp −$1	1.5 bp −$15	7.1 bp −$714	25.1 bp −$12.6K
Sell edgeX live order book, 41 min ago	8.48 bp	13.8 bp −$14	35.9 bp −$359	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
edgeX SOXSUSDCshort	−0.0348%	4h	35.380	−0.083%	$39K	$175K	10x
Bybit SOXSUSDT	0.0000%	8h	35.410	0.000%	$4.2M	$11.3M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.380	−0.085%	$2.2M	$11.7M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.370	−0.113%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.360	−0.141%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.400	−0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.350	−0.169%	—	—	10x	as long as short
Variational Omni SOXS	+0.0117%	8h	35.389	−0.060%	$451K	$712K	—	as long as short
BloFin SOXS-USDT	+0.0141%	8h	35.370	−0.113%	$184K	$60K	25x	as long as short
MEXC SOXS_USDTlong	+0.0143%	8h	35.410	long leg	$10.4M	$13.8M	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0143%	8h	35.401	−0.025%	$15.2M	$191.8M	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0187%	8h	35.430	+0.056%	$2.9M	$20.3M	25x	as long as short
KuCoin SOXSUSDTM	+0.0255%	8h	35.380	−0.085%	$684K	$2.7M	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0819%	1h	35.323	−0.244%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.2010%	8h	35.393	−0.048%	$5.8M	$19.1M	20x	as long as short