SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.030%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$289as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2662.659% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 3 days (all we have)−0.062%−$6 · spread now −0.030%, 7d avg +0.008%

Together, before fees−0.290%−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.008%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.228%, 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	33.840	0	get 0.0000% / 8h	7h 48m	—	$4.7M	10x
Short	KuCoin SOXSUSDTM	33.830	0.0100	get 0.0100% / 8h	7h 48m	$737K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.030%Rate

Funding earned: $21
Price spread: −0.030% → +0.008%: −$3.8
Slippage, 4 orders: −$245.93
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$248.73
Costs to cover: 2.659%
Break-even: 89.9 days

Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 8 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	48.06 bp	74.0 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	1.46 bp	69.1 bp −$69	doesn't fit	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	−0.1379%	1h	33.806	−0.100%	$8K	$32K	20x	as long as short
Gate SOXS_USDT	−0.0514%	8h	33.780	−0.177%	$2.2M	$9.1M	25x	as long as short
BloFin SOXS-USDT	−0.0029%	8h	33.880	+0.118%	$163K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.800	−0.118%	$15.0M	$170.4M	25x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	33.860	+0.059%	$2.5M	$15.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.790	−0.148%	$9.8M	$11.9M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	33.852	+0.035%	$5.8M	$16.3M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.020	+0.531%	$296K	$534K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	33.840	long leg	—	$4.7M	10x
HTX SOXS-USDT	0.0000%	8h	34.110	+0.798%	$11K	$21K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	33.850	+0.030%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	33.750	−0.266%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0086%	8h	33.800	−0.118%	$3.9M	$10.4M	50x	as long as short
KuCoin SOXSUSDTMshort	+0.0100%	8h	33.830	−0.030%	$737K	$2.2M	10x
edgeX SOXSUSDC	+0.0979%	4h	34.163	+0.954%	$37K	$183K	10x	as long as short