SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.010%

Price spread now: Variational Omni against Phemex−0.061%7-day average +0.019% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.196%−$20 on $10k

Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.061%, 7d avg +0.019%

Together, before fees+0.023%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.080% cheaper against Phemex than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.019%). If the spread goes back, that is −$8 on $10k: about 2.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 4 days funding on this pair cost −0.196%, 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	35.160	0	get 0.0000% / 8h	3h 26m	$1.2M	$1.9M	20x
Short	Variational Omni SOXS	35.138	0.0113	get 0.0113% / 8h	3h 26m	$439K	$616K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.061%Rate

Funding earned: $23.82
Price spread: −0.061% → +0.019%: −$8.05
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $3.77
Costs to cover: 0.120%
Break-even: 5.9 days

Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 28 min ago. Net counts fees only.

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, 2 min ago	7.17 bp	45.3 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 28 min ago	4.15 bp	doesn't fit	9.5 bp −$95	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
edgeX SOXSUSDC	−0.0602%	4h	34.866	−0.835%	$38K	$176K	10x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.140	−0.057%	$2.2M	$11.0M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.140	−0.057%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.010	−0.427%	$11K	$24K	10x	as long as short
Phemex SOXSUSDTlong	0.0000%	8h	35.160	long leg	$1.2M	$1.9M	20x
Lighter SOXS	+0.0032%	1h	35.130	−0.085%	—	—	10x	as long as short
BloFin SOXS-USDT	+0.0105%	8h	35.050	−0.313%	$198K	$57K	25x	as long as short
Bybit SOXSUSDT	+0.0110%	8h	35.180	+0.057%	$4.3M	$10.7M	50x	as long as short
Variational Omni SOXSshort	+0.0113%	8h	35.138	−0.061%	$439K	$616K	—
MEXC SOXS_USDT	+0.0124%	8h	35.150	−0.028%	$10.8M	$12.9M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0128%	8h	35.150	−0.028%	$15.0M	$179.1M	25x	as long as short
Bitget SOXSUSDT	+0.0298%	8h	35.137	−0.065%	$6.1M	$16.7M	20x	as long as short
KuCoin SOXSUSDTM	+0.0304%	8h	35.100	−0.171%	$675K	$2.6M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0330%	8h	35.200	+0.114%	$3.2M	$18.6M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0708%	1h	35.136	−0.068%	$8K	$32K	20x	as long as short