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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOXS_USDT | 35.390 | 0 | get 0.0000% / 8h | 3h 18m | $2.2M | $11.1M | 25x |
| Short | Bybit SOXSUSDT | 35.430 | 0.0096 | get 0.0096% / 8h | 3h 18m | $4.3M | $10.7M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 2.84 bp | 10.3 bp −$10 | 31.2 bp −$312 | 73.0 bp −$7,302 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.83 bp | 11.4 bp −$11 | 17.5 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXS_USDTlong | 0.0000% | 8h | 35.390 | long leg | $2.2M | $11.1M | 25x | |
| SunX SOXS-USDT | 0.0000% | 8h | 35.360 | −0.085% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.380 | −0.028% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.360 | −0.085% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.359 | −0.088% | — | — | 10x | as long as short |
| Bybit SOXSUSDTshort | +0.0096% | 8h | 35.430 | +0.113% | $4.3M | $10.7M | 50x | |
| Variational Omni SOXS | +0.0137% | 8h | 35.179 | −0.597% | $438K | $638K | — | as long as short |
| Binance SOXSUSDT | +0.0154% | 8h | 35.409 | +0.055% | $15.0M | $180.3M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0154% | 8h | 35.410 | +0.057% | $10.9M | $12.9M | 50x | as long as short |
| BloFin SOXS-USDT | +0.0157% | 8h | 35.330 | −0.170% | $196K | $58K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | +0.0194% | 4h | 35.168 | −0.626% | $38K | $177K | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0314% | 8h | 35.400 | +0.028% | $681K | $2.6M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0326% | 8h | 35.420 | +0.085% | $3.1M | $18.9M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0703% | 1h | 35.368 | −0.061% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDT | +0.0709% | 8h | 35.409 | +0.054% | $6.1M | $16.7M | 20x | as long as short |
Gate SOXS_USDT
Bybit SOXSUSDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
Binance SOXSUSDT
MEXC SOXS_USDT
BloFin SOXS-USDT
edgeX SOXSUSDC
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD
Bitget SOXSUSDT