Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against SunX−0.071%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 Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.071% cheaper against SunX than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOXS-USDT	35.020	0	get 0.0000% / 8h	5h 52m	—	$3.8M	10x
Short	Lighter SOXS	34.995	0.0032	get 0.0004% / 1h	52m 31s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.071%Rate

Funding earned: $6.72
Price spread: −0.071% → 0.000%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$8.42
Costs to cover: 0.080%
Break-even: 15.8 days

Slippage unknown: SunX: live order book, 9 min ago; Lighter: 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	46.94 bp	69.1 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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 exchanges

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	−0.0803%	1h	34.932	−0.252%	$12K	$35K	20x	as long as short
edgeX SOXSUSDC	−0.0146%	4h	35.142	+0.347%	$38K	$171K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.048	+0.079%	$13.5M	$217.1M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.050	+0.086%	$3.8M	$12.3M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.040	+0.057%	$2.6M	$24.4M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.030	+0.029%	$2.0M	$16.5M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.040	+0.057%	$9.9M	$15.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.156	+0.388%	$437K	$741K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	35.020	long leg	—	$3.8M	10x
HTX SOXS-USDT	0.0000%	8h	35.070	+0.143%	$12K	$22K	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	35.030	+0.029%	$1.2M	$1.8M	20x	as long as short
BloFin SOXS-USDT	+0.0012%	8h	35.060	+0.114%	$172K	$71K	25x	as long as short
Lighter SOXSshort	+0.0032%	1h	34.995	−0.071%	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	35.050	+0.086%	$668K	$3.0M	10x	as long as short
Bitget SOXSUSDT	+0.0869%	8h	35.029	+0.026%	$5.3M	$22.9M	20x	as long as short