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

SOXS

RWAall SOXS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0602%/8h= −66.0% APRpaid last 24h −0.139%
Price spread now: edgeX against SunX−0.779%74s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1711.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.124%+$12 on $10k
Price spread, last 4 days (all we have)+0.709%+$71 · spread now −0.779%, 7d avg +0.015%
Together, before fees+0.833%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and edgeX is 0.794% cheaper against SunX than usual: you would sell low and buy high (−$79 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXS-USDT35.1400get 0.0000% / 8h3h 25m$4.3M10x
ShortedgeX SOXSUSDC34.866−0.0602pay 0.0301% / 4h3h 25m$38K$176K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$126.5
Price spread: −0.779% → +0.015%
−$79.4
Slippage, 4 orders
−$153.53
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$376.42
Costs to cover
1.705%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; edgeX: live order book, 26 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, 13 min ago47.11 bp71.0 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 26 min ago8.67 bp14.0 bp −$1436.5 bp −$365doesn't fitdoesn'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
edgeX SOXSUSDCshort−0.0602%4h34.866−0.779%$38K$176K10x
Gate SOXS_USDT0.0000%8h35.150+0.028%$2.2M$11.0M25xas long as short
SunX SOXS-USDTlong0.0000%8h35.140long leg$4.3M10x
HTX SOXS-USDT0.0000%8h35.010−0.370%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.160+0.057%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.159+0.054%10xas long as short
BloFin SOXS-USDT+0.0105%8h35.050−0.256%$198K$57K25xas long as short
Bybit SOXSUSDT+0.0110%8h35.170+0.085%$4.3M$10.7M50xas long as short
Variational Omni SOXS+0.0113%8h35.138−0.004%$439K$616Kas long as short
MEXC SOXS_USDT+0.0124%8h35.150+0.028%$10.8M$12.9M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDT+0.0128%8h35.170+0.085%$15.0M$179.1M25xas long as short
Bitget SOXSUSDT+0.0298%8h35.166+0.074%$6.1M$16.7M20xas long as short
KuCoin SOXSUSDTM+0.0304%8h35.100−0.114%$675K$2.6M10xas long as short
OKX SOXS-USDT-SWAP+0.0330%8h35.180+0.114%$3.2M$18.5M25xas long as short
Kraken Futures PF_SOXSUSD+0.0708%1h35.136−0.011%$8K$32K20xas long as short