Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h +0.018%

Price spread now: Kraken Futures against MEXC+0.094%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.094% dearer against MEXC than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	35.800	0.0164	pay 0.0164% / 8h	1h 52m	$12.1M	$14.0M	50x
Short	Kraken Futures PF_SOXSUSD	35.834	−0.0028	pay 0.0003% / 1h	52m 50s	$8K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$40.27
Price spread: +0.094% → 0.000%: $9.4
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$40.87
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 1 min ago	1.40 bp	1.4 bp −$1	1.4 bp −$14	6.7 bp −$674	27.9 bp −$13.9K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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_SOXSUSDshort	−0.0028%	1h	35.834	+0.094%	$8K	$32K	20x
Bybit SOXSUSDT	0.0000%	8h	35.830	+0.084%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.820	+0.056%	$2.2M	$11.6M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.810	+0.028%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.800	0.000%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.810	+0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.789	−0.031%	—	—	10x	as long as short
Variational Omni SOXS	+0.0126%	8h	35.709	−0.255%	$455K	$712K	—	as long as short
BloFin SOXS-USDT	+0.0162%	8h	35.800	0.000%	$184K	$62K	25x	as long as short
MEXC SOXS_USDTlong	+0.0164%	8h	35.800	long leg	$12.1M	$14.0M	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0165%	8h	35.815	+0.041%	$15.4M	$193.6M	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0193%	8h	35.840	+0.112%	$3.0M	$20.8M	25x	as long as short
edgeX SOXSUSDC	+0.0229%	4h	35.777	−0.064%	$39K	$176K	10x	as long as short
KuCoin SOXSUSDTM	+0.0258%	8h	35.800	0.000%	$696K	$2.7M	10x	as long as short
Bitget SOXSUSDT	+0.2027%	8h	35.787	−0.036%	$5.9M	$19.2M	20x	as long as short