SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h −0.016%

Price spread now: OKX against Binance+0.088%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 2 days (all we have)−0.087%−$9 · spread now +0.088%, 7d avg +0.032%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.055% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.032%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	34.180	0	get 0.0000% / 8h	5h 50m	$15.8M	$172.9M	25x
Short	OKX SOXS-USDT-SWAP	34.210	0.0204	get 0.0204% / 8h	5h 50m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.088%Rate

Funding earned: $42.84
Price spread: +0.088% → +0.032%: $5.55
Slippage, 4 orders: −$10.95
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $17.44
Costs to cover: 0.310%
Break-even: 4.2 days

Slippage from Binance: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago	1.46 bp	6.5 bp −$6	13.2 bp −$132	72.7 bp −$7,273	doesn't fit
Sell OKX live order book, 3 min ago	1.46 bp	6.5 bp −$6	15.2 bp −$152	doesn't fit	doesn't fit

SOXS on 14 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
Bitget SOXSUSDT	−0.0116%	8h	34.191	+0.032%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	34.180	long leg	$15.8M	$172.9M	25x
Gate SOXS_USDT	0.0000%	8h	34.170	−0.029%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.170	−0.029%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.158	−0.063%	$431K	$623K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.190	+0.029%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.200	+0.059%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	+0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.130	−0.146%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0167%	8h	34.190	+0.029%	$730K	$2.4M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAPshort	+0.0204%	8h	34.210	+0.088%	$3.1M	$17.2M	25x
Bybit SOXSUSDT	+0.0207%	8h	34.190	+0.029%	$4.2M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0428%	4h	34.157	−0.067%	$37K	$180K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.1159%	1h	34.157	−0.066%	$8K	$31K	20x	as long as short