Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against Variational Omni−0.216%7-day average +0.002% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.216%, 7d avg +0.002%

Together, before fees+0.133%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.218% cheaper against Variational Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOXS	35.156	0	get 0.0000% / 8h	5h 54m	$437K	$741K	—
Short	MEXC SOXS_USDT	35.080	0	get 0.0000% / 8h	5h 54m	$9.9M	$15.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.216%Rate

Funding earned: $0
Price spread: −0.216% → +0.002%: −$21.85
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.85
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 57 min ago; MEXC: live order book, 2 min ago. 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 Variational Omni RFQ quote, 57 min ago	4.06 bp	doesn't fit	14.3 bp −$143	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.42 bp	1.4 bp −$1	1.7 bp −$17	7.5 bp −$752	37.3 bp −$18.6K

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	−0.0801%	1h	35.015	−0.401%	$12K	$35K	20x	as long as short
edgeX SOXSUSDC	−0.0146%	4h	35.142	−0.041%	$38K	$171K	10x	as long as short
BloFin SOXS-USDT	0.0000%	8h	35.160	+0.011%	$176K	$72K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.060	−0.273%	$13.2M	$216.7M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.070	−0.245%	$3.8M	$12.3M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.060	−0.273%	$2.6M	$24.3M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.060	−0.273%	$2.0M	$16.5M	25x	as long as short
MEXC SOXS_USDTshort	0.0000%	8h	35.080	−0.216%	$9.9M	$15.6M	50x
Variational Omni SOXSlong	0.0000%	8h	35.156	long leg	$437K	$741K	—
SunX SOXS-USDT	0.0000%	8h	35.080	−0.216%	—	$3.9M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	35.200	+0.125%	$12K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.080	−0.216%	$1.2M	$1.8M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.044	−0.319%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.100	−0.159%	$671K	$3.0M	10x	as long as short
Bitget SOXSUSDT	+0.0883%	8h	35.024	−0.376%	$5.3M	$22.9M	20x	as long as short