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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SOXS-USDT | 34.790 | 0 | get 0.0000% / 8h | 3h 48m | — | $4.3M | 10x |
| Short | BloFin SOXS-USDT | 34.830 | 0.0121 | get 0.0121% / 8h | 3h 48m | $195K | $56K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 10 min ago | 48.04 bp | 73.9 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.94 bp | 10.6 bp −$11 | 14.3 bp −$143 | 37.6 bp −$3,759 | 148.2 bp −$74.1K |
SOXS on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXS_USDT | 0.0000% | 8h | 34.830 | +0.115% | $2.3M | $10.5M | 25x | as long as short |
| Bitget SOXSUSDT | 0.0000% | 8h | 34.756 | −0.098% | $6.0M | $16.6M | 20x | as long as short |
| SunX SOXS-USDTlong | 0.0000% | 8h | 34.790 | long leg | — | $4.3M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 34.620 | −0.489% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.800 | +0.029% | $1.2M | $1.9M | 20x | as long as short |
| edgeX SOXSUSDC | +0.0014% | 4h | 34.425 | −1.050% | $38K | $177K | 10x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.759 | −0.089% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0087% | 8h | 34.579 | −0.607% | $436K | $616K | — | as long as short |
| MEXC SOXS_USDT | +0.0104% | 8h | 34.790 | 0.000% | $10.7M | $12.8M | 50x | as long as short |
| Binance SOXSUSDT | +0.0105% | 8h | 34.744 | −0.133% | $15.2M | $175.6M | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDTshort | +0.0121% | 8h | 34.830 | +0.115% | $195K | $56K | 25x | |
| Bybit SOXSUSDT | +0.0137% | 8h | 34.740 | −0.144% | $4.2M | $10.6M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0299% | 8h | 34.790 | 0.000% | $669K | $2.5M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0322% | 8h | 34.790 | 0.000% | $3.2M | $18.0M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0715% | 1h | 34.768 | −0.062% | $8K | $32K | 20x | as long as short |
SunX SOXS-USDT
BloFin SOXS-USDT
Gate SOXS_USDT
Bitget SOXSUSDT
HTX SOXS-USDT
Phemex SOXSUSDT
edgeX SOXSUSDC
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDT
Bybit SOXSUSDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD