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−0.0172%/8h= −18.9% APRnext payment $1.72 per $10,000 · paid last 24h +0.017%
Price spread now: MEXC against OKX−0.141%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.139%−$14 on $10k
Price spread, last 7 days+0.148%+$15 · spread now −0.141%, 7d avg −0.032%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.109% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXS-USDT-SWAP35.3900.0326pay 0.0326% / 8h3h 18m$3.1M$18.9M25x
ShortMEXC SOXS_USDT35.3400.0154get 0.0154% / 8h3h 18m$10.9M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$36.19
Price spread: −0.141% → −0.032%
−$10.92
Slippage, 4 orders
−$14.33
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$71.43
Costs to cover
0.243%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; MEXC: 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, 5 min ago2.84 bp10.5 bp −$1016.7 bp −$167doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.42 bp1.4 bp −$13.1 bp −$317.3 bp −$73427.2 bp −$13.6K

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
Gate SOXS_USDT0.0000%8h35.350−0.113%$2.2M$11.1M25xas long as short
SunX SOXS-USDT0.0000%8h35.360−0.085%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.380−0.028%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.360−0.085%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.340−0.141%10xas long as short
Bybit SOXSUSDT+0.0098%8h35.400+0.028%$4.3M$10.7M50xas long as short
Variational Omni SOXS+0.0137%8h35.179−0.597%$438K$638Kas long as short
MEXC SOXS_USDTshort+0.0154%8h35.340−0.141%$10.9M$12.9M50x
Binance SOXSUSDT+0.0154%8h35.385−0.015%$15.0M$180.4M25xas long as short
BloFin SOXS-USDT+0.0157%8h35.330−0.170%$196K$58K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC+0.0194%4h35.168−0.626%$38K$177K10xas long as short
KuCoin SOXSUSDTM+0.0316%8h35.350−0.113%$680K$2.6M10xas long as short
OKX SOXS-USDT-SWAPlong+0.0326%8h35.390long leg$3.1M$18.9M25x
Bitget SOXSUSDT+0.0652%8h35.373−0.048%$6.1M$16.7M20xas long as short
Kraken Futures PF_SOXSUSD+0.0703%1h35.368−0.061%$8K$32K20xas long as short