Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.70 per $10,000 · paid last 24h −0.010%
Price spread now: Phemex against Variational Omni+0.116%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.116%, 7d avg −0.016%
=Together, before fees−0.010%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.131% dearer against Variational Omni than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.016%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. Mind the row above: over the last 4 days funding on this pair paid +0.196%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SOXS | 35.619 | 0.0070 | pay 0.0070% / 8h | 1h 02m | $461K | $713K | — |
| Short | Phemex SOXSUSDT | 35.660 | 0 | get 0.0000% / 8h | 1h 02m | $1.2M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.69
- Price spread: +0.116% → −0.016%
- $13.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$13.54
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Phemex: live order book, 6 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, 41 min ago | 4.05 bp | doesn't fit | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 2.80 bp | 43.1 bp −$43 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0952% | 4h | 35.690 | +0.200% | $39K | $176K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.626 | +0.020% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.650 | +0.088% | $4.1M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.660 | +0.116% | $2.3M | $12.2M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.680 | +0.172% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.680 | +0.172% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDTshort | 0.0000% | 8h | 35.660 | +0.116% | $1.2M | $1.9M | 20x | |
| Lighter SOXS | +0.0032% | 1h | 35.630 | +0.032% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0067% | 8h | 35.650 | +0.088% | $2.9M | $20.9M | 25x | as long as short |
| Variational Omni SOXSlong | +0.0070% | 8h | 35.619 | long leg | $461K | $713K | — |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0087% | 8h | 35.680 | +0.172% | $183K | $63K | 25x | as long as short |
| MEXC SOXS_USDT | +0.0104% | 8h | 35.650 | +0.088% | $13.2M | $14.4M | 50x | as long as short |
| Binance SOXSUSDT | +0.0104% | 8h | 35.660 | +0.115% | $15.2M | $196.4M | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0152% | 8h | 35.680 | +0.172% | $692K | $2.8M | 10x | as long as short |
| Bitget SOXSUSDT | +0.2078% | 8h | 35.635 | +0.046% | $6.0M | $19.6M | 20x | as long as short |
Variational Omni SOXS
Phemex SOXSUSDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Lighter SOXS
OKX SOXS-USDT-SWAP
BloFin SOXS-USDT
MEXC SOXS_USDT
Binance SOXSUSDT
KuCoin SOXSUSDTM
Bitget SOXSUSDT