SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0269%/8h= +29.5% APRnext payment +$2.69 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against MEXC+0.088%7-day average +0.031% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days−0.101%−$10 · spread now +0.088%, 7d avg +0.031%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.031%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	34.190	0	get 0.0000% / 8h	5h 26m	$10.1M	$12.5M	50x
Short	OKX SOXS-USDT-SWAP	34.220	0.0269	get 0.0269% / 8h	5h 26m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.088%Rate

Funding earned: $56.57
Price spread: +0.088% → +0.031%: $5.65
Slippage, 4 orders: −$13.49
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $38.74
Costs to cover: 0.235%
Break-even: 2.2 days

Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 2 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	1.46 bp	1.5 bp −$1	2.3 bp −$23	7.2 bp −$722	31.5 bp −$15.8K
Sell OKX live order book, 2 min ago	1.46 bp	9.1 bp −$9	20.1 bp −$201	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 SOXSUSDC	−0.0488%	4h	34.150	−0.116%	$37K	$179K	10x	as long as short
Bitget SOXSUSDT	−0.0142%	8h	34.208	+0.053%	$6.0M	$16.5M	20x	as long as short
BloFin SOXS-USDT	−0.0028%	8h	34.200	+0.029%	$192K	$55K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.205	+0.044%	$15.8M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.190	0.000%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDTlong	0.0000%	8h	34.190	long leg	$10.1M	$12.5M	50x
Variational Omni SOXS	0.0000%	8h	34.108	−0.240%	$430K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.210	+0.058%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.280	+0.263%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.210	+0.058%	$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	34.179	−0.032%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0163%	8h	34.210	+0.058%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0233%	8h	34.180	−0.029%	$723K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0269%	8h	34.220	+0.088%	$3.1M	$17.2M	25x
Kraken Futures PF_SOXSUSD	+0.1158%	1h	34.185	−0.015%	$8K	$31K	20x	as long as short