Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.13 per $10,000 · paid last 24h −0.040%
Price spread now: OKX against Bybit+0.028%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.028%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 35.780 | 0 | get 0.0000% / 8h | 33m 03s | $4.2M | $11.4M | 50x |
| Short | OKX SOXS-USDT-SWAP | 35.790 | 0.0013 | get 0.0013% / 8h | 33m 03s | $2.8M | $21.3M | 25x |
Bybit SOXSUSDT
OKX SOXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $2.82
- Price spread: +0.028% → +0.034%
- −$0.59
- Slippage, 4 orders
- −$22.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.95
- Costs to cover
- 0.432%
- Break-even
- 108.7 days
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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 Bybit live order book, 5 min ago | 1.40 bp | 13.0 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.40 bp | 9.1 bp −$9 | 19.1 bp −$191 | 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 | −0.0119% | 1h | 35.760 | −0.057% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDTlong | 0.0000% | 8h | 35.780 | long leg | $4.2M | $11.4M | 50x | |
| Gate SOXS_USDT | 0.0000% | 8h | 35.780 | 0.000% | $2.2M | $12.2M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.780 | 0.000% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.780 | 0.000% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.780 | 0.000% | $1.2M | $1.9M | 20x | as long as short |
| OKX SOXS-USDT-SWAPshort | +0.0013% | 8h | 35.790 | +0.028% | $2.8M | $21.3M | 25x | |
| Variational Omni SOXS | +0.0013% | 8h | 35.778 | −0.006% | $462K | $707K | — | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.770 | −0.028% | — | — | 10x | as long as short |
| Binance SOXSUSDT | +0.0058% | 8h | 35.766 | −0.038% | $15.1M | $197.0M | 25x | as long as short |
Kraken Futures PF_SOXSUSD
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Variational Omni SOXS
Lighter SOXS
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXS_USDT | +0.0060% | 8h | 35.760 | −0.056% | $13.2M | $14.3M | 50x | as long as short |
| BloFin SOXS-USDT | +0.0083% | 8h | 35.750 | −0.084% | $178K | $63K | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.770 | −0.028% | $694K | $2.8M | 10x | as long as short |
| edgeX SOXSUSDC | +0.0131% | 4h | 35.733 | −0.132% | $39K | $175K | 10x | as long as short |
| Bitget SOXSUSDT | +0.1929% | 8h | 35.716 | −0.179% | $6.1M | $19.7M | 20x | as long as short |
MEXC SOXS_USDT
BloFin SOXS-USDT
KuCoin SOXSUSDTM
edgeX SOXSUSDC
Bitget SOXSUSDT