Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.6% APRnext payment $2.06 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against Binance−0.004%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$410.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.361%−$36 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.004%, 7d avg +0.042%
Together, before fees−0.394%−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.046% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOXSUSDT34.2060.0062pay 0.0062% / 8h4h 13m$15.6M$174.1M25x
ShortBitget SOXSUSDT34.205−0.0144pay 0.0144% / 8h4h 13m$5.9M$16.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
−$43.34
Price spread: −0.004% → +0.042%
−$4.57
Slippage, 4 orders
−$19.3
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.21
Costs to cover
0.413%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago1.47 bp6.5 bp −$611.2 bp −$11270.6 bp −$7,061doesn't fit
Sell Bitget live order book, 1 min ago0.88 bp14.5 bp −$1535.0 bp −$350doesn't fitdoesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0703%4h34.226+0.058%$37K$179K10xas long as short
Bitget SOXSUSDTshort−0.0144%8h34.205−0.004%$5.9M$16.6M20x
Gate SOXS_USDT0.0000%8h34.200−0.018%$2.1M$10.5M25xas long as short
SunX SOXS-USDT0.0000%8h34.200−0.018%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h34.270+0.186%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.200−0.018%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h34.155−0.150%10xas long as short
Variational Omni SOXS+0.0049%8h34.199−0.021%$431K$616Kas long as short
MEXC SOXS_USDT+0.0058%8h34.190−0.048%$10.5M$12.9M50xas long as short
Binance SOXSUSDTlong+0.0062%8h34.206long leg$15.6M$174.1M25x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDT+0.0085%8h34.210+0.011%$193K$55K25xas long as short
Bybit SOXSUSDT+0.0150%8h34.220+0.040%$4.2M$10.6M50xas long as short
KuCoin SOXSUSDTM+0.0324%8h34.190−0.048%$670K$2.5M10xas long as short
OKX SOXS-USDT-SWAP+0.0348%8h34.210+0.011%$3.1M$17.6M25xas long as short
Kraken Futures PF_SOXSUSD+0.0383%1h34.211+0.014%$8K$32K20xas long as short