Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXS-USDT-SWAP34.0800get 0.0000% / 8h7h 33m$2.6M$16.1M25x
ShortBybit SOXSUSDT34.0500.0128get 0.0128% / 8h7h 33m$4.0M$10.4M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, just now1.47 bp9.2 bp −$926.9 bp −$269doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.47 bp10.4 bp −$1023.1 bp −$231doesn't fitdoesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXSUSD−0.1367%1h34.081+0.003%$8K$32K20xas long as short
Bitget SOXSUSDT−0.0265%8h34.082+0.006%$6.0M$16.5M20xas long as short
Binance SOXSUSDT0.0000%8h34.050−0.088%$15.0M$170.9M25xas long as short
OKX SOXS-USDT-SWAPlong0.0000%8h34.080long leg$2.6M$16.1M25x
Gate SOXS_USDT0.0000%8h34.0800.000%$2.1M$9.4M25xas long as short
MEXC SOXS_USDT0.0000%8h34.0800.000%$9.8M$12.0M50xas long as short
Variational Omni SOXS0.0000%8h34.010−0.206%$297K$524Kas long as short
SunX SOXS-USDT0.0000%8h34.090+0.029%$4.6M10xas long as short
HTX SOXS-USDT0.0000%8h34.150+0.205%$11K$22K10xas long as short
Phemex SOXSUSDT0.0000%8h34.090+0.029%$1.2M$1.9M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDT+0.0010%8h34.0800.000%$165K$54K25xas long as short
Lighter SOXS+0.0032%1h34.020−0.176%10xas long as short
KuCoin SOXSUSDTM+0.0100%8h34.060−0.059%$740K$2.2M10xas long as short
Bybit SOXSUSDTshort+0.0128%8h34.050−0.088%$4.0M$10.4M50x
edgeX SOXSUSDC+0.0365%4h34.061−0.055%$37K$183K10xas long as short