Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.40 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against OKX−0.028%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.028%, 7d avg −0.007%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against OKX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of −0.007%). If the spread goes back, that is −$2 on $10k: about 43 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.500%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOXS-USDT-SWAP | 35.360 | 0.0069 | pay 0.0069% / 8h | 2h 12m | $2.4M | $13.7M | 25x |
| Short | Bitget SOXSUSDT | 35.350 | 0.0109 | get 0.0109% / 8h | 2h 12m | $5.5M | $15.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.33
- Price spread: −0.028% → −0.007%
- −$2.11
- Slippage, 4 orders
- −$24.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$40.02
- Costs to cover
- 0.462%
- Break-even
- 40.6 days
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 6 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 OKX live order book, 1 min ago | 1.41 bp | 11.3 bp −$11 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.14 bp | 13.2 bp −$13 | 32.0 bp −$320 | 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 | −0.0299% | 4h | 35.305 | −0.155% | $38K | $187K | 10x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.360 | 0.000% | $4.1M | $10.1M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.330 | −0.085% | $1.9M | $9.0M | 25x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.263 | −0.273% | $302K | $360K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.330 | −0.085% | — | $5.0M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.330 | −0.085% | $12K | $23K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.330 | −0.085% | $1.2M | $1.9M | 20x | as long as short |
| Binance SOXSUSDT | +0.0029% | 8h | 35.342 | −0.052% | $13.5M | $166.6M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0029% | 8h | 35.340 | −0.057% | $13.2M | $10.6M | 50x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.350 | −0.028% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0042% | 8h | 35.310 | −0.141% | $159K | $57K | 25x | as long as short |
| OKX SOXS-USDT-SWAPlong | +0.0069% | 8h | 35.360 | long leg | $2.4M | $13.7M | 25x | |
| KuCoin SOXSUSDTM | +0.0103% | 8h | 35.330 | −0.085% | $731K | $2.1M | 10x | as long as short |
| Bitget SOXSUSDTshort | +0.0109% | 8h | 35.350 | −0.028% | $5.5M | $15.6M | 20x | |
| Kraken Futures PF_SOXSUSD | +0.0587% | 1h | 35.343 | −0.047% | $10K | $25K | 20x | as long as short |
OKX SOXS-USDT-SWAP
Bitget SOXSUSDT
edgeX SOXSUSDC
Bybit SOXSUSDT
Gate SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Binance SOXSUSDT
MEXC SOXS_USDT
Lighter SOXS
BloFin SOXS-USDT
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD