Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0587%/8h= −64.3% APRpaid last 24h +0.139%

Price spread now: Gate against edgeX−0.005%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.150%−$15 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.005%, 7d avg −0.014%

Together, before fees−0.054%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	34.612	0.0587	pay 0.0293% / 4h	3h 43m	$38K	$178K	10x
Short	Gate SOXS_USDT	34.610	0	get 0.0000% / 8h	3h 43m	$2.2M	$10.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee edgeXbpFee GatebpOrdersPrice spread, now −0.005%Rate

Funding earned: −$123.25
Price spread: −0.005% → −0.014%: $0.94
Slippage, 4 orders: −$31.77
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$178.09
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from edgeX: live order book, 8 min ago; Gate: 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 edgeX live order book, 8 min ago	8.67 bp	13.9 bp −$14	36.8 bp −$368	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.44 bp	16.2 bp −$16	31.3 bp −$313	88.8 bp −$8,883	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
Gate SOXS_USDTshort	0.0000%	8h	34.610	−0.005%	$2.2M	$10.7M	25x
Bitget SOXSUSDT	0.0000%	8h	34.627	+0.044%	$6.0M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.590	−0.063%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.650	+0.111%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.570	−0.120%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.579	−0.094%	—	—	10x	as long as short
Variational Omni SOXS	+0.0089%	8h	34.529	−0.239%	$440K	$619K	—	as long as short
MEXC SOXS_USDT	+0.0110%	8h	34.610	−0.005%	$10.6M	$12.8M	50x	as long as short
Binance SOXSUSDT	+0.0111%	8h	34.615	+0.010%	$15.1M	$176.4M	25x	as long as short
BloFin SOXS-USDT	+0.0117%	8h	34.600	−0.034%	$195K	$56K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0136%	8h	34.640	+0.082%	$4.2M	$10.7M	50x	as long as short
KuCoin SOXSUSDTM	+0.0303%	8h	34.600	−0.034%	$666K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0319%	8h	34.640	+0.082%	$3.2M	$18.0M	25x	as long as short
edgeX SOXSUSDClong	+0.0587%	4h	34.612	long leg	$38K	$178K	10x
Kraken Futures PF_SOXSUSD	+0.0720%	1h	34.556	−0.160%	$8K	$32K	20x	as long as short