SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX0.000%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$151as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1391.391% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 7 days−0.055%−$6 · spread now 0.000%, 7d avg −0.046%

Together, before fees−0.177%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.046% dearer against OKX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.046%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	33.990	0.0307	pay 0.0307% / 8h	5h 01m	$3.1M	$17.2M	25x
Short	KuCoin SOXSUSDTM	33.990	0.0266	get 0.0266% / 8h	5h 01m	$703K	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$8.63
Price spread: 0.000% → −0.046%: $4.61
Slippage, 4 orders: −$117.06
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$143.09
Costs to cover: 1.391%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; KuCoin: 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, 2 min ago	2.94 bp	10.3 bp −$10	20.3 bp −$203	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	1.47 bp	42.7 bp −$43	doesn't fit	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
Bitget SOXSUSDT	−0.0303%	8h	33.972	−0.053%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.960	−0.088%	$15.6M	$173.1M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.960	−0.088%	$2.1M	$10.4M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.960	−0.088%	$10.1M	$12.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.968	−0.064%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.980	−0.029%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.070	+0.235%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.980	−0.029%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0017%	8h	33.960	−0.088%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.950	−0.118%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0134%	8h	33.980	−0.029%	$4.1M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0234%	4h	33.958	−0.095%	$37K	$179K	10x	as long as short
KuCoin SOXSUSDTMshort	+0.0266%	8h	33.990	0.000%	$703K	$2.5M	10x
OKX SOXS-USDT-SWAPlong	+0.0307%	8h	33.990	long leg	$3.1M	$17.2M	25x
Kraken Futures PF_SOXSUSD	+0.1165%	1h	33.975	−0.044%	$8K	$31K	20x	as long as short