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 −0.017%

Price spread now: Gate against MEXC−0.059%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.059%, 7d avg −0.017%

Together, before fees+0.265%+$27 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: Gate is 0.042% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	34.160	0	get 0.0000% / 8h	6h 43m	$10.0M	$12.0M	50x
Short	Gate SOXS_USDT	34.140	0	get 0.0000% / 8h	6h 43m	$2.2M	$9.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.017%: −$4.18
Slippage, 4 orders: −$16.61
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.78
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from MEXC: live order book, 9 min ago; Gate: live order book, 5 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, 9 min ago	2.95 bp	2.9 bp −$3	5.0 bp −$50	11.5 bp −$1,149	42.4 bp −$21.2K
Sell Gate live order book, 5 min ago	2.93 bp	15.3 bp −$15	28.6 bp −$286	84.8 bp −$8,476	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	−0.0956%	4h	34.127	−0.097%	$37K	$182K	10x	as long as short
Bitget SOXSUSDT	−0.0707%	8h	34.165	+0.015%	$6.1M	$16.4M	20x	as long as short
BloFin SOXS-USDT	−0.0018%	8h	34.090	−0.205%	$167K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.158	−0.007%	$15.9M	$172.1M	25x	as long as short
Gate SOXS_USDTshort	0.0000%	8h	34.140	−0.059%	$2.2M	$9.9M	25x
MEXC SOXS_USDTlong	0.0000%	8h	34.160	long leg	$10.0M	$12.0M	50x
Variational Omni SOXS	0.0000%	8h	34.110	−0.147%	$416K	$617K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.150	−0.029%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.190	+0.088%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	+0.088%	$1.2M	$1.9M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	34.090	−0.205%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.110	−0.146%	$735K	$2.3M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0108%	8h	34.180	+0.059%	$3.0M	$17.0M	25x	as long as short
Bybit SOXSUSDT	+0.0427%	8h	34.170	+0.029%	$4.1M	$10.5M	50x	as long as short
Kraken Futures PF_SOXSUSD	+0.0554%	1h	34.161	+0.003%	$8K	$31K	20x	as long as short