Funding you earn now, next payment 04:00 UTC−0.0840%/8h= −92.0% APRpaid last 24h −0.015%
Price spread now: KuCoin against edgeX−0.045%83s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days−0.586%−$59 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.045%, 7d avg −0.006%
=Together, before fees−0.242%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.039% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.586% in total (about -30.5% 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 | 34.195 | 0.0952 | pay 0.0476% / 4h | 2h 14m | $37K | $181K | 10x |
| Short | KuCoin SOXSUSDTM | 34.180 | 0.0112 | get 0.0112% / 8h | 6h 14m | $737K | $2.4M | 10x |
edgeX SOXSUSDC
KuCoin SOXSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$176.46
- Price spread: −0.045% → −0.006%
- −$3.85
- Slippage, 4 orders
- −$100.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$301.55
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; KuCoin: 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 edgeX live order book, 52 min ago | 8.89 bp | 13.9 bp −$14 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.30 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
SOXS on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXSUSDT | −0.0308% | 8h | 34.190 | −0.016% | $6.1M | $16.6M | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 34.190 | −0.016% | $15.8M | $173.6M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 34.170 | −0.074% | $2.2M | $10.2M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.170 | −0.074% | $11.3M | $12.5M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.189 | −0.019% | $431K | $646K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.200 | +0.014% | — | $4.4M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.160 | −0.103% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.180 | −0.045% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.130 | −0.191% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTMshort | +0.0112% | 8h | 34.180 | −0.045% | $737K | $2.4M | 10x |
Bitget SOXSUSDT
Binance SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXSShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXS-USDT-SWAP | +0.0161% | 8h | 34.190 | −0.016% | $3.1M | $17.3M | 25x | as long as short |
| Bybit SOXSUSDT | +0.0284% | 8h | 34.190 | −0.016% | $4.2M | $10.5M | 50x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0554% | 1h | 34.193 | −0.005% | $8K | $31K | 20x | as long as short |
| edgeX SOXSUSDClong | +0.0952% | 4h | 34.195 | long leg | $37K | $181K | 10x |
OKX SOXS-USDT-SWAP
Bybit SOXSUSDT
Kraken Futures PF_SOXSUSD