Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0056%/8hnext payment +$0.56 per $10,000 · paid last 24h +0.014%

Price spread now: Bitget against BloFin+0.133%222s7-day average +0.051% · you sell dearer than you buy

to open and close $10k−$43fees + slippage, both legs, in and out

costs, in % of the position0.434%what the two incomes have to cover

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.353%−$35 on $10k

Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.133%, 7d avg +0.051%

Together, before fees−0.526%−$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.082% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.353%, so the current rate has only just turned in your favour. The two prices were read 222 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SOXS-USDT	35.460	0.0025	pay 0.0025% / 8h	4h 50m	$168K	$47K	25x
Short	Bitget SOXSUSDT	35.507	0.0081	get 0.0081% / 8h	4h 50m	$5.6M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.133%Rate

Funding earned: $11.85
Price spread: +0.133% → +0.051%: $8.17
Slippage, 4 orders: −$19.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$23.42
Costs to cover: 0.434%
Break-even: 20.8 days

Slippage from BloFin: live order book, 28 min ago; Bitget: 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 BloFin live order book, 28 min ago	5.60 bp	11.6 bp −$12	16.2 bp −$162	42.9 bp −$4,289	122.9 bp −$61.5K
Sell Bitget live order book, 3 min ago	1.41 bp	10.6 bp −$11	23.3 bp −$233	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
Kraken Futures PF_SOXSUSD	−0.0660%	1h	35.457	−0.009%	$11K	$11K	20x	as long as short
edgeX SOXSUSDC	−0.0358%	4h	35.559	+0.278%	$38K	$190K	10x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.500	+0.113%	$13.3M	$150.0M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.530	+0.197%	$4.2M	$9.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.490	+0.085%	$1.9M	$8.5M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.500	+0.113%	$12.1M	$9.0M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.464	+0.013%	$315K	$266K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.510	+0.141%	—	$4.9M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.500	+0.113%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.500	+0.113%	$1.2M	$1.7M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0003%	8h	35.500	+0.113%	$2.5M	$12.4M	25x	as long as short
BloFin SOXS-USDTlong	+0.0025%	8h	35.460	long leg	$168K	$47K	25x
Lighter SOXS	+0.0032%	1h	35.475	+0.042%	—	—	10x	as long as short
Bitget SOXSUSDTshort	+0.0081%	8h	35.507	+0.133%	$5.6M	$14.6M	20x
KuCoin SOXSUSDTM	+0.0100%	8h	35.510	+0.141%	$735K	$1.8M	10x	as long as short