SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$1.27 per $10,000 · paid last 24h +0.017%

Price spread now: BloFin against Phemex−0.168%59s7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1031.033% of the position

Long on Phemex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.168%, 7d avg +0.011%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.179% cheaper against Phemex than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.011%). If the spread goes back, that is −$18 on $10k: about 4.7 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SOXSUSDT	35.800	0	get 0.0000% / 8h	1h 28m	$1.2M	$1.9M	20x
Short	BloFin SOXS-USDT	35.740	0.0127	get 0.0127% / 8h	1h 28m	$186K	$62K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.168%Rate

Funding earned: $26.59
Price spread: −0.168% → +0.011%: −$17.91
Slippage, 4 orders: −$79.28
Fee Phemex: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$94.6
Costs to cover: 1.033%
Break-even: 31.9 days

Slippage from Phemex: live order book, 5 min ago; BloFin: live order book, 47 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	4.17 bp	39.0 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	1.40 bp	8.5 bp −$9	11.3 bp −$113	38.8 bp −$3,883	124.9 bp −$62.5K

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	−0.0028%	1h	35.717	−0.233%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.790	−0.028%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.780	−0.056%	$2.3M	$12.0M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.770	−0.084%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.860	+0.168%	$11K	$24K	10x	as long as short
Phemex SOXSUSDTlong	0.0000%	8h	35.800	long leg	$1.2M	$1.9M	20x
Lighter SOXS	+0.0032%	1h	35.774	−0.073%	—	—	10x	as long as short
Variational Omni SOXS	+0.0107%	8h	35.879	+0.220%	$464K	$711K	—	as long as short
OKX SOXS-USDT-SWAP	+0.0115%	8h	35.810	+0.028%	$2.9M	$20.9M	25x	as long as short
BloFin SOXS-USDTshort	+0.0127%	8h	35.740	−0.168%	$186K	$62K	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0143%	8h	35.793	−0.018%	$15.3M	$195.1M	25x	as long as short
MEXC SOXS_USDT	+0.0144%	8h	35.780	−0.056%	$13.4M	$14.2M	50x	as long as short
KuCoin SOXSUSDTM	+0.0203%	8h	35.800	0.000%	$697K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0852%	4h	35.892	+0.258%	$39K	$176K	10x	as long as short
Bitget SOXSUSDT	+0.2381%	8h	35.735	−0.182%	$6.0M	$19.4M	20x	as long as short