Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0817%/8h= +89.4% APRpaid last 24h +0.155%
Price spread now: Binance against edgeX+0.156%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.368%−$37 on $10k
Price spread, last 4 days (all we have)−0.701%−$70 · spread now +0.156%, 7d avg −0.015%
Together, before fees−1.068%+ Points / potential airdropedgeX: Active · farm board−$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Binance is 0.171% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.368%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.368% in total (about -19.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXSUSDC35.924−0.0660get 0.0330% / 4h1h 39m$39K$175K10x
ShortBinance SOXSUSDT35.9800.0157get 0.0157% / 8h1h 39m$15.5M$194.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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

Funding earned
$171.54
Price spread: +0.156% → −0.015%
$17.07
Slippage, 4 orders
−$23.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$146.44
Costs to cover
0.422%
Break-even
1.0 days
Slippage from edgeX: live order book, 2 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 2 min ago8.35 bp13.8 bp −$1435.9 bp −$359doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.39 bp7.8 bp −$811.3 bp −$11358.2 bp −$5,824doesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDClong−0.0660%4h35.924long leg$39K$175K10x
Kraken Futures PF_SOXSUSD−0.0028%1h35.988+0.178%$8K$32K20xas long as short
Bybit SOXSUSDT0.0000%8h36.000+0.212%$4.2M$11.4M50xas long as short
Gate SOXS_USDT0.0000%8h35.990+0.184%$2.2M$11.9M25xas long as short
SunX SOXS-USDT0.0000%8h35.980+0.156%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h36.050+0.351%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.970+0.128%$1.3M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.950+0.072%10xas long as short
Variational Omni SOXS+0.0118%8h35.929+0.013%$464K$717Kas long as short
MEXC SOXS_USDT+0.0157%8h35.970+0.128%$12.1M$14.0M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDTshort+0.0157%8h35.980+0.156%$15.5M$194.3M25x
OKX SOXS-USDT-SWAP+0.0159%8h36.000+0.212%$3.0M$20.9M25xas long as short
BloFin SOXS-USDT+0.0181%8h35.950+0.072%$187K$62K25xas long as short
KuCoin SOXSUSDTM+0.0233%8h35.990+0.184%$700K$2.7M10xas long as short
Bitget SOXSUSDT+0.2274%8h35.946+0.061%$6.0M$19.3M20xas long as short