Funding you earn now, next payment 04:00 UTC+0.0703%/8h= +77.0% APRpaid last 24h +0.095%
Price spread now: Phemex against edgeX−0.252%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1201.205% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.394%+$39 · spread now −0.252%, 7d avg −0.023%
=Together, before fees+0.256%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.228% cheaper against edgeX than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of −0.023%). If the spread goes back, that is −$23 on $10k: about 26 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −0.137%, 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 -0.137% in total (about -7.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXSUSDC | 34.226 | −0.0703 | get 0.0352% / 4h | 10m 40s | $37K | $179K | 10x |
| Short | Phemex SOXSUSDT | 34.140 | 0 | get 0.0000% / 8h | 4h 10m | $1.2M | $1.9M | 20x |
edgeX SOXSUSDC
Phemex SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $147.63
- Price spread: −0.252% → −0.023%
- −$22.84
- Slippage, 4 orders
- −$99.49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $4.31
- Costs to cover
- 1.205%
- Break-even
- 6.8 days
Slippage from edgeX: live order book, 46 min ago; Phemex: 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, 46 min ago | 8.83 bp | 14.2 bp −$14 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.92 bp | 45.4 bp −$45 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDClong | −0.0703% | 4h | 34.226 | long leg | $37K | $179K | 10x | |
| Bitget SOXSUSDT | −0.0110% | 8h | 34.143 | −0.243% | $5.9M | $16.6M | 20x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 34.130 | −0.281% | $2.1M | $10.5M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.170 | −0.164% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.230 | +0.011% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDTshort | 0.0000% | 8h | 34.140 | −0.252% | $1.2M | $1.9M | 20x | |
| Lighter SOXS | +0.0032% | 1h | 34.100 | −0.369% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0056% | 8h | 34.169 | −0.168% | $431K | $616K | — | as long as short |
| MEXC SOXS_USDT | +0.0064% | 8h | 34.130 | −0.281% | $10.5M | $12.9M | 50x | as long as short |
| Binance SOXSUSDT | +0.0065% | 8h | 34.139 | −0.254% | $15.5M | $174.2M | 25x | as long as short |
Bitget SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0079% | 8h | 34.190 | −0.106% | $193K | $55K | 25x | as long as short |
| Bybit SOXSUSDT | +0.0150% | 8h | 34.150 | −0.222% | $4.2M | $10.6M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0318% | 8h | 34.140 | −0.252% | $670K | $2.5M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0339% | 8h | 34.150 | −0.222% | $3.1M | $17.6M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0384% | 1h | 34.147 | −0.232% | $8K | $32K | 20x | as long as short |
BloFin SOXS-USDT
Bybit SOXSUSDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD