Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1160%/8h= +127.0% APRpaid last 24h +0.018%

Price spread now: Kraken Futures against SunX−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$35 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOXS-USDT	34.130	0	get 0.0000% / 8h	5h 29m	—	$4.4M	10x
Short	Kraken Futures PF_SOXSUSD	34.125	0.1160	get 0.0145% / 1h	29m 47s	$8K	$31K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.016%Rate

Funding earned: $243.53
Price spread: −0.016% → 0.000%: −$1.56
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $223.97
Costs to cover: 0.180%
Break-even: 0.6 days

Slippage unknown: SunX: live order book, 9 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 9 min ago	48.39 bp	74.5 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget SOXSUSDT	−0.0160%	8h	34.159	+0.085%	$6.0M	$16.5M	20x	as long as short
BloFin SOXS-USDT	−0.0002%	8h	34.090	−0.117%	$192K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.140	+0.029%	$15.8M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.140	+0.029%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.150	+0.059%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.108	−0.064%	$430K	$620K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	34.130	long leg	—	$4.4M	10x
HTX SOXS-USDT	0.0000%	8h	34.190	+0.176%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.140	+0.029%	$1.2M	$1.9M	20x	as long as short
edgeX SOXSUSDC	+0.0029%	4h	34.099	−0.090%	$37K	$180K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	34.119	−0.032%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0160%	8h	34.160	+0.088%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0218%	8h	34.140	+0.029%	$723K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0258%	8h	34.170	+0.117%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSDshort	+0.1160%	1h	34.125	−0.016%	$8K	$31K	20x