SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.070%

Price spread now: BloFin against OKX−0.086%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.086%, 7d avg −0.054%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.032% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	34.740	0	get 0.0000% / 8h	17m 11s	$2.5M	$14.8M	25x
Short	BloFin SOXS-USDT	34.710	−0.0027	pay 0.0027% / 8h	17m 11s	$165K	$56K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.086%Rate

Funding earned: −$5.71
Price spread: −0.086% → −0.054%: −$3.24
Slippage, 4 orders: −$17.18
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$48.13
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 45 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	1.44 bp	9.2 bp −$9	16.0 bp −$160	doesn't fit	doesn't fit
Sell BloFin live order book, 45 min ago	4.29 bp	10.3 bp −$10	15.0 bp −$150	42.1 bp −$4,205	133.7 bp −$66.8K

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	−0.0299%	1h	34.662	−0.225%	$8K	$32K	20x	as long as short
BloFin SOXS-USDTshort	−0.0027%	8h	34.710	−0.086%	$165K	$56K	25x
Binance SOXSUSDT	0.0000%	8h	34.710	−0.087%	$12.9M	$163.5M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.720	−0.058%	$3.9M	$9.7M	50x	as long as short
OKX SOXS-USDT-SWAPlong	0.0000%	8h	34.740	long leg	$2.5M	$14.8M	25x
Gate SOXS_USDT	0.0000%	8h	34.700	−0.115%	$2.0M	$8.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.720	−0.058%	$12.4M	$11.1M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.728	−0.035%	$4.8M	$15.2M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.720	−0.057%	$297K	$314K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.710	−0.086%	—	$4.7M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	34.720	−0.058%	$11K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.720	−0.058%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.695	−0.130%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.680	−0.173%	$707K	$2.2M	10x	as long as short
edgeX SOXSUSDC	+0.0111%	4h	34.650	−0.259%	$38K	$184K	10x	as long as short