Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0800%/8h= −87.6% APRpaid last 24h +0.004%

Price spread now: Kraken Futures against Binance+0.011%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$24 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	35.069	0	get 0.0000% / 8h	5h 43m	$13.5M	$218.3M	25x
Short	Kraken Futures PF_SOXSUSD	35.073	−0.0800	pay 0.0100% / 1h	43m 01s	$12K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee BinancebpFee Kraken FuturesbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$168.03
Price spread: +0.011% → 0.000%: $1.15
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$186.88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 8 min ago	1.43 bp	6.4 bp −$6	10.6 bp −$106	66.0 bp −$6,601	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
edgeX SOXSUSDC	−0.0924%	4h	35.077	+0.023%	$38K	$173K	10x	as long as short
Kraken Futures PF_SOXSUSDshort	−0.0800%	1h	35.073	+0.011%	$12K	$34K	20x
BloFin SOXS-USDT	−0.0027%	8h	35.050	−0.055%	$171K	$72K	25x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	35.069	long leg	$13.5M	$218.3M	25x
Bybit SOXSUSDT	0.0000%	8h	35.070	+0.003%	$3.8M	$12.4M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.070	+0.003%	$2.6M	$24.6M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.050	−0.055%	$2.0M	$16.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.050	−0.055%	$9.9M	$15.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.046	−0.066%	$429K	$748K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.060	−0.026%	—	$3.8M	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	35.130	+0.174%	$12K	$22K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.060	−0.026%	$1.2M	$1.8M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.025	−0.126%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.060	−0.026%	$669K	$3.0M	10x	as long as short
Bitget SOXSUSDT	+0.0808%	8h	35.056	−0.037%	$5.3M	$23.1M	20x	as long as short