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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOXS-USDT-SWAP | 35.390 | 0.0326 | pay 0.0326% / 8h | 3h 18m | $3.1M | $18.9M | 25x |
| Short | MEXC SOXS_USDT | 35.340 | 0.0154 | get 0.0154% / 8h | 3h 18m | $10.9M | $12.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 2.84 bp | 10.5 bp −$10 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.42 bp | 1.4 bp −$1 | 3.1 bp −$31 | 7.3 bp −$734 | 27.2 bp −$13.6K |
SOXS on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXS_USDT | 0.0000% | 8h | 35.350 | −0.113% | $2.2M | $11.1M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.360 | −0.085% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.380 | −0.028% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.360 | −0.085% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.340 | −0.141% | — | — | 10x | as long as short |
| Bybit SOXSUSDT | +0.0098% | 8h | 35.400 | +0.028% | $4.3M | $10.7M | 50x | as long as short |
| Variational Omni SOXS | +0.0137% | 8h | 35.179 | −0.597% | $438K | $638K | — | as long as short |
| MEXC SOXS_USDTshort | +0.0154% | 8h | 35.340 | −0.141% | $10.9M | $12.9M | 50x | |
| Binance SOXSUSDT | +0.0154% | 8h | 35.385 | −0.015% | $15.0M | $180.4M | 25x | as long as short |
| BloFin SOXS-USDT | +0.0157% | 8h | 35.330 | −0.170% | $196K | $58K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | +0.0194% | 4h | 35.168 | −0.626% | $38K | $177K | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0316% | 8h | 35.350 | −0.113% | $680K | $2.6M | 10x | as long as short |
| OKX SOXS-USDT-SWAPlong | +0.0326% | 8h | 35.390 | long leg | $3.1M | $18.9M | 25x | |
| Bitget SOXSUSDT | +0.0652% | 8h | 35.373 | −0.048% | $6.1M | $16.7M | 20x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0703% | 1h | 35.368 | −0.061% | $8K | $32K | 20x | as long as short |
OKX SOXS-USDT-SWAP
MEXC SOXS_USDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Bybit SOXSUSDT
Variational Omni SOXS
Binance SOXSUSDT
BloFin SOXS-USDT
edgeX SOXSUSDC
KuCoin SOXSUSDTM
Bitget SOXSUSDT
Kraken Futures PF_SOXSUSD