Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against OKX−0.088%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.088%, 7d avg −0.034%
=Funding pays, the price is against you. Bybit is 0.054% cheaper against OKX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.034%). If the spread goes back, that is −$5 on $10k: about 33 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.073%, 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 | 34.080 | 0 | get 0.0000% / 8h | 7h 33m | $2.6M | $16.1M | 25x |
| Short | Bybit SOXSUSDT | 34.050 | 0.0128 | get 0.0128% / 8h | 7h 33m | $4.0M | $10.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $26.95
- Price spread: −0.088% → −0.034%
- −$5.37
- Slippage, 4 orders
- −$24.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.6
- Costs to cover
- 0.452%
- Break-even
- 13.1 days
Slippage from OKX: live order book, just now; Bybit: live order book, 5 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, just now | 1.47 bp | 9.2 bp −$9 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.47 bp | 10.4 bp −$10 | 23.1 bp −$231 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.1367% | 1h | 34.081 | +0.003% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDT | −0.0265% | 8h | 34.082 | +0.006% | $6.0M | $16.5M | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 34.050 | −0.088% | $15.0M | $170.9M | 25x | as long as short |
| OKX SOXS-USDT-SWAPlong | 0.0000% | 8h | 34.080 | long leg | $2.6M | $16.1M | 25x | |
| Gate SOXS_USDT | 0.0000% | 8h | 34.080 | 0.000% | $2.1M | $9.4M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.080 | 0.000% | $9.8M | $12.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.010 | −0.206% | $297K | $524K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.090 | +0.029% | — | $4.6M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.150 | +0.205% | $11K | $22K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.090 | +0.029% | $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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0010% | 8h | 34.080 | 0.000% | $165K | $54K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.020 | −0.176% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 34.060 | −0.059% | $740K | $2.2M | 10x | as long as short |
| Bybit SOXSUSDTshort | +0.0128% | 8h | 34.050 | −0.088% | $4.0M | $10.4M | 50x | |
| edgeX SOXSUSDC | +0.0365% | 4h | 34.061 | −0.055% | $37K | $183K | 10x | as long as short |
OKX SOXS-USDT-SWAP
Bybit SOXSUSDT
Kraken Futures PF_SOXSUSD
Bitget SOXSUSDT
Binance SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM
edgeX SOXSUSDC