Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against SunX−0.059%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.059%, 7d avg +0.051%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.110% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXS-USDT34.0100get 0.0000% / 8h4h 41m$4.3M10x
ShortBinance SOXSUSDT33.9900.0003get 0.0003% / 8h4h 41m$15.6M$173.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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

Funding earned
$0.63
Price spread: −0.059% → +0.051%
−$10.99
Slippage, 4 orders
−$146.02
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$174.38
Costs to cover
1.640%
Break-even
1951.0 days
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago48.42 bp74.1 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.47 bp8.8 bp −$913.6 bp −$13663.9 bp −$6,392doesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXSUSDT−0.0344%8h34.009−0.003%$5.9M$16.6M20xas long as short
Gate SOXS_USDT0.0000%8h33.990−0.059%$2.1M$10.4M25xas long as short
MEXC SOXS_USDT0.0000%8h33.990−0.059%$10.6M$12.9M50xas long as short
Variational Omni SOXS0.0000%8h34.039+0.084%$429K$620Kas long as short
SunX SOXS-USDTlong0.0000%8h34.010long leg$4.3M10x
HTX SOXS-USDT0.0000%8h33.980−0.088%$10K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h33.970−0.118%$1.2M$1.9M20xas long as short
Binance SOXSUSDTshort+0.0003%8h33.990−0.059%$15.6M$173.5M25x
BloFin SOXS-USDT+0.0029%8h33.990−0.059%$192K$54K25xas long as short
Lighter SOXS+0.0032%1h33.960−0.147%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOXSUSDT+0.0130%8h34.000−0.029%$4.2M$10.5M50xas long as short
edgeX SOXSUSDC+0.0275%4h33.965−0.133%$37K$178K10xas long as short
KuCoin SOXSUSDTM+0.0300%8h34.020+0.029%$702K$2.5M10xas long as short
OKX SOXS-USDT-SWAP+0.0328%8h34.0100.000%$3.1M$17.4M25xas long as short
Kraken Futures PF_SOXSUSD+0.0387%1h33.904−0.311%$8K$32K20xas long as short