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+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against Gate+0.113%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$480.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 7 days−0.168%−$17 · spread now +0.113%, 7d avg +0.014%
Together, before fees−0.319%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.099% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXS_USDT35.3900get 0.0000% / 8h3h 18m$2.2M$11.1M25x
ShortBybit SOXSUSDT35.4300.0096get 0.0096% / 8h3h 18m$4.3M$10.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$20.14
Price spread: +0.113% → +0.014%
$9.91
Slippage, 4 orders
−$22.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$18.42
Costs to cover
0.485%
Break-even
13.4 days
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 5 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 Gate live order book, 5 min ago2.84 bp10.3 bp −$1031.2 bp −$31273.0 bp −$7,302doesn't fit
Sell Bybit live order book, 5 min ago2.83 bp11.4 bp −$1117.5 bp −$175doesn't fitdoesn'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
Gate SOXS_USDTlong0.0000%8h35.390long leg$2.2M$11.1M25x
SunX SOXS-USDT0.0000%8h35.360−0.085%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.380−0.028%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.360−0.085%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.359−0.088%10xas long as short
Bybit SOXSUSDTshort+0.0096%8h35.430+0.113%$4.3M$10.7M50x
Variational Omni SOXS+0.0137%8h35.179−0.597%$438K$638Kas long as short
Binance SOXSUSDT+0.0154%8h35.409+0.055%$15.0M$180.3M25xas long as short
MEXC SOXS_USDT+0.0154%8h35.410+0.057%$10.9M$12.9M50xas long as short
BloFin SOXS-USDT+0.0157%8h35.330−0.170%$196K$58K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC+0.0194%4h35.168−0.626%$38K$177K10xas long as short
KuCoin SOXSUSDTM+0.0314%8h35.400+0.028%$681K$2.6M10xas long as short
OKX SOXS-USDT-SWAP+0.0326%8h35.420+0.085%$3.1M$18.9M25xas long as short
Kraken Futures PF_SOXSUSD+0.0703%1h35.368−0.061%$8K$32K20xas long as short
Bitget SOXSUSDT+0.0709%8h35.409+0.054%$6.1M$16.7M20xas long as short