Funding you earn now, next payment 08:00 UTC−0.2132%/8h= −233.5% APRnext payment −$21.32 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against Bitget+0.100%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.361%+$36 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.100%, 7d avg −0.042%
=The price spread pays, funding is against you. Binance is 0.142% dearer against Bitget than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.042%): +$14 on $10k if it goes back. Holding the pair costs −$64 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.361%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.361% in total (about 18.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.32 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 | Bitget SOXSUSDT | 35.572 | 0.2255 | pay 0.2255% / 8h | 1h 18m | $6.0M | $19.5M | 20x |
| Short | Binance SOXSUSDT | 35.608 | 0.0123 | get 0.0123% / 8h | 1h 18m | $15.2M | $195.8M | 25x |
Bitget SOXSUSDT
Binance SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$447.74
- Price spread: +0.100% → −0.042%
- $14.18
- Slippage, 4 orders
- −$16.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$471.99
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 10 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 Bitget live order book, 1 min ago | 1.12 bp | 14.2 bp −$14 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.40 bp | 6.7 bp −$7 | 11.1 bp −$111 | 56.2 bp −$5,625 | 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 | −0.0805% | 4h | 35.704 | +0.371% | $39K | $175K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.575 | +0.008% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.630 | +0.163% | $4.1M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.600 | +0.079% | $2.3M | $12.1M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.660 | +0.247% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.780 | +0.585% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.590 | +0.051% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.570 | −0.006% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0081% | 8h | 35.620 | +0.135% | $2.9M | $20.9M | 25x | as long as short |
| Variational Omni SOXS | +0.0089% | 8h | 35.699 | +0.356% | $465K | $714K | — | as long as short |
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
Variational Omni SOXSShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0105% | 8h | 35.700 | +0.360% | $186K | $62K | 25x | as long as short |
| Binance SOXSUSDTshort | +0.0123% | 8h | 35.608 | +0.100% | $15.2M | $195.8M | 25x | |
| MEXC SOXS_USDT | +0.0123% | 8h | 35.600 | +0.079% | $12.5M | $14.3M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0174% | 8h | 35.590 | +0.051% | $692K | $2.8M | 10x | as long as short |
| Bitget SOXSUSDTlong | +0.2255% | 8h | 35.572 | long leg | $6.0M | $19.5M | 20x |
BloFin SOXS-USDT
MEXC SOXS_USDT
KuCoin SOXSUSDTM