SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0190%/8h= −20.8% APRnext payment −$1.90 per $10,000 · paid last 24h −0.038%

Price spread now: Bitget against Phemex+0.003%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1141.136% of the position

Long on Phemex Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.604%−$60 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.003%, 7d avg +0.070%

Together, before fees−0.667%−$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.067% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.070%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SOXSUSDT	34.050	0	get 0.0000% / 8h	5h 13m	$1.2M	$1.9M	20x
Short	Bitget SOXSUSDT	34.051	−0.0190	pay 0.0190% / 8h	5h 13m	$6.0M	$16.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$39.9
Price spread: +0.003% → +0.070%: −$6.73
Slippage, 4 orders: −$89.58
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$160.22
Costs to cover: 1.136%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 1 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 Phemex live order book, 5 min ago	2.94 bp	50.6 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.59 bp	13.6 bp −$14	29.8 bp −$298	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 SOXSUSDTshort	−0.0190%	8h	34.051	+0.003%	$6.0M	$16.5M	20x
Binance SOXSUSDT	0.0000%	8h	34.044	−0.019%	$15.7M	$172.9M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.040	−0.029%	$2.1M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.040	−0.029%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.038	−0.034%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.040	−0.029%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.100	+0.147%	$10K	$24K	10x	as long as short
Phemex SOXSUSDTlong	0.0000%	8h	34.050	long leg	$1.2M	$1.9M	20x
BloFin SOXS-USDT	+0.0022%	8h	34.030	−0.059%	$193K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	34.009	−0.120%	—	—	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	+0.0152%	8h	34.050	0.000%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0261%	8h	34.050	0.000%	$706K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0296%	8h	34.060	+0.029%	$3.1M	$17.2M	25x	as long as short
edgeX SOXSUSDC	+0.0753%	4h	34.013	−0.109%	$37K	$180K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.1163%	1h	34.020	−0.089%	$8K	$31K	20x	as long as short