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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1711.705% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SOXS-USDT | 35.140 | 0 | get 0.0000% / 8h | 3h 25m | — | $4.3M | 10x |
| Short | edgeX SOXSUSDC | 34.866 | −0.0602 | pay 0.0301% / 4h | 3h 25m | $38K | $176K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 13 min ago | 47.11 bp | 71.0 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 8.67 bp | 14.0 bp −$14 | 36.5 bp −$365 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDCshort | −0.0602% | 4h | 34.866 | −0.779% | $38K | $176K | 10x | |
| Gate SOXS_USDT | 0.0000% | 8h | 35.150 | +0.028% | $2.2M | $11.0M | 25x | as long as short |
| SunX SOXS-USDTlong | 0.0000% | 8h | 35.140 | long leg | — | $4.3M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 35.010 | −0.370% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.160 | +0.057% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.159 | +0.054% | — | — | 10x | as long as short |
| BloFin SOXS-USDT | +0.0105% | 8h | 35.050 | −0.256% | $198K | $57K | 25x | as long as short |
| Bybit SOXSUSDT | +0.0110% | 8h | 35.170 | +0.085% | $4.3M | $10.7M | 50x | as long as short |
| Variational Omni SOXS | +0.0113% | 8h | 35.138 | −0.004% | $439K | $616K | — | as long as short |
| MEXC SOXS_USDT | +0.0124% | 8h | 35.150 | +0.028% | $10.8M | $12.9M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDT | +0.0128% | 8h | 35.170 | +0.085% | $15.0M | $179.1M | 25x | as long as short |
| Bitget SOXSUSDT | +0.0298% | 8h | 35.166 | +0.074% | $6.1M | $16.7M | 20x | as long as short |
| KuCoin SOXSUSDTM | +0.0304% | 8h | 35.100 | −0.114% | $675K | $2.6M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0330% | 8h | 35.180 | +0.114% | $3.2M | $18.5M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0708% | 1h | 35.136 | −0.011% | $8K | $32K | 20x | as long as short |
SunX SOXS-USDT
edgeX SOXSUSDC
Gate SOXS_USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
BloFin SOXS-USDT
Bybit SOXSUSDT
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDT
Bitget SOXSUSDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD