Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRnext payment −$1.57 per $10,000 · paid last 24h −0.016%
Price spread now: Gate against Binance+0.056%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.056%, 7d avg −0.002%
=The price spread pays, funding is against you. Gate is 0.057% dearer against Binance than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.002%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.218%, 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 | Binance SOXSUSDT | 35.950 | 0.0157 | pay 0.0157% / 8h | 1h 42m | $15.4M | $194.1M | 25x |
| Short | Gate SOXS_USDT | 35.970 | 0 | get 0.0000% / 8h | 1h 42m | $2.2M | $11.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$33.01
- Price spread: +0.056% → −0.002%
- $5.75
- Slippage, 4 orders
- −$19.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.44
- Costs to cover
- 0.442%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Gate: 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, 1 min ago | 1.39 bp | 6.4 bp −$6 | 9.7 bp −$97 | 40.3 bp −$4,035 | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.18 bp | 11.7 bp −$12 | 27.5 bp −$275 | 93.7 bp −$9,371 | 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 | 35.934 | −0.046% | $39K | $177K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.863 | −0.242% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.950 | 0.000% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDTshort | 0.0000% | 8h | 35.970 | +0.056% | $2.2M | $11.8M | 25x | |
| SunX SOXS-USDT | 0.0000% | 8h | 35.920 | −0.083% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.880 | −0.195% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.930 | −0.056% | $1.3M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.924 | −0.072% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0122% | 8h | 35.939 | −0.031% | $464K | $717K | — | as long as short |
| Binance SOXSUSDTlong | +0.0157% | 8h | 35.950 | long leg | $15.4M | $194.1M | 25x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXS_USDT | +0.0158% | 8h | 35.950 | 0.000% | $12.1M | $14.0M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0166% | 8h | 35.940 | −0.028% | $3.0M | $20.8M | 25x | as long as short |
| BloFin SOXS-USDT | +0.0186% | 8h | 35.930 | −0.056% | $185K | $62K | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0238% | 8h | 35.950 | 0.000% | $697K | $2.7M | 10x | as long as short |
| Bitget SOXSUSDT | +0.2222% | 8h | 35.887 | −0.175% | $6.0M | $19.3M | 20x | as long as short |
Binance SOXSUSDT
Gate SOXS_USDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
OKX SOXS-USDT-SWAP
BloFin SOXS-USDT
KuCoin SOXSUSDTM
Bitget SOXSUSDT