Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against OKX−0.161%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.161% cheaper against OKX than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	34.720	0	get 0.0000% / 8h	17m 32s	$2.5M	$14.8M	25x
Short	Lighter SOXS	34.664	0.0032	get 0.0004% / 1h	17m 32s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.161%Rate

Funding earned: $6.72
Price spread: −0.161% → 0.000%: −$16.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$19.41
Costs to cover: 0.100%
Break-even: 27.2 days

Slippage unknown: OKX: live order book, 1 min ago; Lighter: no order-book sample. Net counts fees only.

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 Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	34.601	−0.342%	$8K	$32K	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.691	−0.085%	$12.9M	$163.4M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.710	−0.029%	$3.9M	$9.7M	50x	as long as short
OKX SOXS-USDT-SWAPlong	0.0000%	8h	34.720	long leg	$2.5M	$14.8M	25x
Gate SOXS_USDT	0.0000%	8h	34.680	−0.115%	$2.0M	$8.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.690	−0.086%	$12.3M	$11.1M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.713	−0.020%	$4.8M	$15.2M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.720	+0.001%	$297K	$314K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.650	−0.202%	—	$4.7M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.720	0.000%	$11K	$23K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	34.660	−0.173%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0012%	8h	34.640	−0.230%	$164K	$55K	25x	as long as short
Lighter SOXSshort	+0.0032%	1h	34.664	−0.161%	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	34.670	−0.144%	$707K	$2.2M	10x	as long as short
edgeX SOXSUSDC	+0.0111%	4h	34.650	−0.201%	$38K	$184K	10x	as long as short