SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against SunX+0.117%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1651.648% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.117%, 7d avg +0.057%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.060% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.057%. Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.92 per $10,000. 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	34.140	0	get 0.0000% / 8h	5h 53m	—	$4.4M	10x
Short	OKX SOXS-USDT-SWAP	34.180	0.0192	get 0.0192% / 8h	5h 53m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.117%Rate

Funding earned: $40.3
Price spread: +0.117% → +0.057%: $6.01
Slippage, 4 orders: −$146.78
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$118.48
Costs to cover: 1.648%
Break-even: 27.6 days

Slippage from SunX: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	48.18 bp	74.2 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.46 bp	6.5 bp −$6	14.0 bp −$140	doesn't fit	doesn't fit

SOXS on 14 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	−0.0107%	8h	34.180	+0.117%	$6.0M	$16.5M	20x	as long as short
edgeX SOXSUSDC	−0.0044%	4h	34.196	+0.165%	$37K	$180K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.164	+0.069%	$15.9M	$173.2M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.150	+0.029%	$2.2M	$10.1M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.160	+0.059%	$10.4M	$12.4M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.179	+0.115%	$431K	$636K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	34.140	long leg	—	$4.4M	10x
HTX SOXS-USDT	0.0000%	8h	34.270	+0.381%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.140	0.000%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.100	−0.117%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTM	+0.0161%	8h	34.160	+0.059%	$730K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0192%	8h	34.180	+0.117%	$3.1M	$17.2M	25x
Bybit SOXSUSDT	+0.0228%	8h	34.160	+0.059%	$4.2M	$10.4M	50x	as long as short
Kraken Futures PF_SOXSUSD	+0.1161%	1h	34.098	−0.123%	$8K	$31K	20x	as long as short