SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.040%

Price spread now: Bybit against SunX0.000%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1721.724% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 3 days (all we have)−0.005%$0 · spread now 0.000%, 7d avg +0.033%

Together, before fees−0.184%−$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.033% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.033%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.179%, 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	33.780	0	get 0.0000% / 8h	7h 05m	—	$4.6M	10x
Short	Bybit SOXSUSDT	33.780	0.0110	get 0.0110% / 8h	7h 05m	$4.0M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $23.07
Price spread: 0.000% → +0.033%: −$3.33
Slippage, 4 orders: −$153.44
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$152.7
Costs to cover: 1.724%
Break-even: 53.3 days

Slippage from SunX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	48.85 bp	74.7 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.48 bp	9.8 bp −$10	13.2 bp −$132	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
Kraken Futures PF_SOXSUSD	−0.1381%	1h	33.752	−0.083%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	−0.0842%	8h	33.775	−0.015%	$5.9M	$16.5M	20x	as long as short
edgeX SOXSUSDC	−0.0463%	4h	33.830	+0.148%	$37K	$182K	10x	as long as short
BloFin SOXS-USDT	−0.0025%	8h	33.750	−0.089%	$165K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.750	−0.089%	$14.8M	$171.6M	25x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	33.790	+0.030%	$2.5M	$16.2M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	33.740	−0.118%	$2.0M	$9.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.760	−0.059%	$9.5M	$12.3M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.749	−0.092%	$412K	$625K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	33.780	long leg	—	$4.6M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	33.850	+0.207%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.770	−0.030%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	33.700	−0.237%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	33.780	0.000%	$728K	$2.3M	10x	as long as short
Bybit SOXSUSDTshort	+0.0110%	8h	33.780	0.000%	$4.0M	$10.5M	50x