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+0.0121%/8h= +13.3% APRnext payment +$1.21 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against SunX+0.115%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1681.680% of the position
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)−0.083%−$8 · spread now +0.115%, 7d avg +0.006%
Together, before fees−0.335%−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.109% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.006%. 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXS-USDT34.7900get 0.0000% / 8h3h 48m$4.3M10x
ShortBloFin SOXS-USDT34.8300.0121get 0.0121% / 8h3h 48m$195K$56K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.42
Price spread: +0.115% → +0.006%
$10.92
Slippage, 4 orders
−$148.04
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$131.71
Costs to cover
1.680%
Break-even
43.3 days
Slippage from SunX: live order book, 10 min ago; BloFin: live order book, 42 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, 10 min ago48.04 bp73.9 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago2.94 bp10.6 bp −$1114.3 bp −$14337.6 bp −$3,759148.2 bp −$74.1K

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
Gate SOXS_USDT0.0000%8h34.830+0.115%$2.3M$10.5M25xas long as short
Bitget SOXSUSDT0.0000%8h34.756−0.098%$6.0M$16.6M20xas long as short
SunX SOXS-USDTlong0.0000%8h34.790long leg$4.3M10x
HTX SOXS-USDT0.0000%8h34.620−0.489%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.800+0.029%$1.2M$1.9M20xas long as short
edgeX SOXSUSDC+0.0014%4h34.425−1.050%$38K$177K10xas long as short
Lighter SOXS+0.0032%1h34.759−0.089%10xas long as short
Variational Omni SOXS+0.0087%8h34.579−0.607%$436K$616Kas long as short
MEXC SOXS_USDT+0.0104%8h34.7900.000%$10.7M$12.8M50xas long as short
Binance SOXSUSDT+0.0105%8h34.744−0.133%$15.2M$175.6M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDTshort+0.0121%8h34.830+0.115%$195K$56K25x
Bybit SOXSUSDT+0.0137%8h34.740−0.144%$4.2M$10.6M50xas long as short
KuCoin SOXSUSDTM+0.0299%8h34.7900.000%$669K$2.5M10xas long as short
OKX SOXS-USDT-SWAP+0.0322%8h34.7900.000%$3.2M$18.0M25xas long as short
Kraken Futures PF_SOXSUSD+0.0715%1h34.768−0.062%$8K$32K20xas long as short