Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against MEXC+0.057%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.057%, 7d avg −0.014%
Together, before fees−0.110%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.071% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXS_USDT35.2200.0148pay 0.0148% / 8h3h 14m$11.4M$13.0M50x
ShortKuCoin SOXSUSDTM35.2400.0304get 0.0304% / 8h3h 14m$678K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$32.76
Price spread: +0.057% → −0.014%
$7.06
Slippage, 4 orders
−$95.94
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.12
Costs to cover
1.079%
Break-even
21.6 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago1.41 bp1.4 bp −$11.4 bp −$146.7 bp −$67331.7 bp −$15.9K
Sell KuCoin live order book, 2 min ago2.85 bp47.0 bp −$47doesn't fitdoesn't fitdoesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0165%4h35.276+0.159%$39K$178K10xas long as short
Gate SOXS_USDT0.0000%8h35.2200.000%$2.2M$11.2M25xas long as short
SunX SOXS-USDT0.0000%8h35.210−0.028%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.240+0.057%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.250+0.085%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.270+0.142%10xas long as short
Bybit SOXSUSDT+0.0080%8h35.240+0.057%$4.3M$10.7M50xas long as short
BloFin SOXS-USDT+0.0119%8h35.260+0.114%$195K$58K25xas long as short
Variational Omni SOXS+0.0127%8h35.179−0.117%$441K$648Kas long as short
Binance SOXSUSDT+0.0146%8h35.235+0.043%$14.9M$180.9M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SOXS_USDTlong+0.0148%8h35.220long leg$11.4M$13.0M50x
KuCoin SOXSUSDTMshort+0.0304%8h35.240+0.057%$678K$2.6M10x
OKX SOXS-USDT-SWAP+0.0311%8h35.240+0.057%$3.1M$18.9M25xas long as short
Kraken Futures PF_SOXSUSD+0.0707%1h35.153−0.191%$8K$32K20xas long as short
Bitget SOXSUSDT+0.0861%8h35.247+0.077%$6.0M$16.9M20xas long as short