SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Phemex+0.059%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on Phemex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.059%, 7d avg +0.063%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SOXSUSDT	34.120	0	get 0.0000% / 8h	6h 17m	$1.2M	$1.9M	20x
Short	OKX SOXS-USDT-SWAP	34.140	0.0159	get 0.0159% / 8h	6h 17m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.059%Rate

Funding earned: $33.36
Price spread: +0.059% → +0.063%: −$0.47
Slippage, 4 orders: −$89.79
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$78.91
Costs to cover: 1.118%
Break-even: 23.6 days

Slippage from Phemex: live order book, 5 min ago; OKX: live order book, just now.

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	2.93 bp	38.2 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, just now	1.46 bp	6.5 bp −$6	14.4 bp −$144	doesn't fit	doesn't fit

SOXS on 14 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
edgeX SOXSUSDC	−0.0987%	4h	34.159	+0.115%	$37K	$181K	10x	as long as short
Bitget SOXSUSDT	−0.0340%	8h	34.119	−0.003%	$6.1M	$16.6M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.113	−0.020%	$15.7M	$173.4M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.120	0.000%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.090	−0.088%	$11.3M	$12.4M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.169	+0.143%	$427K	$643K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.150	+0.088%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.150	+0.088%	$10K	$24K	10x	as long as short
Phemex SOXSUSDTlong	0.0000%	8h	34.120	long leg	$1.2M	$1.9M	20x
Lighter SOXS	+0.0032%	1h	34.060	−0.176%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTM	+0.0100%	8h	34.150	+0.088%	$736K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0159%	8h	34.140	+0.059%	$3.1M	$17.2M	25x
Bybit SOXSUSDT	+0.0292%	8h	34.120	0.000%	$4.2M	$10.5M	50x	as long as short
Kraken Futures PF_SOXSUSD	+0.0555%	1h	34.116	−0.013%	$8K	$31K	20x	as long as short