Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h —

Price spread now: Lighter against MEXC−0.070%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.070% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	35.710	0.0087	pay 0.0087% / 8h	49m 33s	$13.2M	$14.3M	50x
Short	Lighter SOXS	35.685	0.0032	get 0.0004% / 1h	49m 33s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$11.55
Price spread: −0.070% → 0.000%: −$7
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: −$18.55
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Lighter: 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, 4 min ago	1.40 bp	1.4 bp −$1	3.7 bp −$37	8.7 bp −$870	32.0 bp −$16.0K
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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_SOXSUSD	−0.0119%	1h	35.744	+0.094%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.720	+0.028%	$4.1M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.710	0.000%	$2.2M	$12.1M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.780	+0.196%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.840	+0.364%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.720	+0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSshort	+0.0032%	1h	35.685	−0.070%	—	—	10x
OKX SOXS-USDT-SWAP	+0.0040%	8h	35.700	−0.028%	$2.8M	$21.1M	25x	as long as short
Variational Omni SOXS	+0.0041%	8h	35.808	+0.274%	$465K	$705K	—	as long as short
BloFin SOXS-USDT	+0.0083%	8h	35.790	+0.224%	$183K	$63K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0085%	8h	35.716	+0.017%	$15.2M	$196.1M	25x	as long as short
MEXC SOXS_USDTlong	+0.0087%	8h	35.710	long leg	$13.2M	$14.3M	50x
KuCoin SOXSUSDTM	+0.0123%	8h	35.740	+0.084%	$694K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0853%	4h	35.802	+0.257%	$39K	$175K	10x	as long as short
Bitget SOXSUSDT	+0.2021%	8h	35.696	−0.039%	$6.0M	$19.6M	20x	as long as short