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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXSUSDT | 34.206 | 0.0062 | pay 0.0062% / 8h | 4h 13m | $15.6M | $174.1M | 25x |
| Short | Bitget SOXSUSDT | 34.205 | −0.0144 | pay 0.0144% / 8h | 4h 13m | $5.9M | $16.6M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 15 min ago | 1.47 bp | 6.5 bp −$6 | 11.2 bp −$112 | 70.6 bp −$7,061 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.88 bp | 14.5 bp −$15 | 35.0 bp −$350 | 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 | −0.0703% | 4h | 34.226 | +0.058% | $37K | $179K | 10x | as long as short |
| Bitget SOXSUSDTshort | −0.0144% | 8h | 34.205 | −0.004% | $5.9M | $16.6M | 20x | |
| Gate SOXS_USDT | 0.0000% | 8h | 34.200 | −0.018% | $2.1M | $10.5M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.200 | −0.018% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.270 | +0.186% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.200 | −0.018% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.155 | −0.150% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0049% | 8h | 34.199 | −0.021% | $431K | $616K | — | as long as short |
| MEXC SOXS_USDT | +0.0058% | 8h | 34.190 | −0.048% | $10.5M | $12.9M | 50x | as long as short |
| Binance SOXSUSDTlong | +0.0062% | 8h | 34.206 | long leg | $15.6M | $174.1M | 25x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0085% | 8h | 34.210 | +0.011% | $193K | $55K | 25x | as long as short |
| Bybit SOXSUSDT | +0.0150% | 8h | 34.220 | +0.040% | $4.2M | $10.6M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0324% | 8h | 34.190 | −0.048% | $670K | $2.5M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0348% | 8h | 34.210 | +0.011% | $3.1M | $17.6M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0383% | 1h | 34.211 | +0.014% | $8K | $32K | 20x | as long as short |
Binance SOXSUSDT
Bitget SOXSUSDT
edgeX SOXSUSDC
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
BloFin SOXS-USDT
Bybit SOXSUSDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD