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+0.0257%/8h= +28.1% APRnext payment +$2.57 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.028%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 7 days−0.104%−$10 · spread now +0.028%, 7d avg +0.005%
Together, before fees−0.305%−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.201%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXS_USDT35.3400get 0.0000% / 8h2h 07m$2.2M$11.7M25x
ShortKuCoin SOXSUSDTM35.3500.0257get 0.0257% / 8h2h 07m$683K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$53.97
Price spread: +0.028% → +0.005%
$2.38
Slippage, 4 orders
−$105.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$76.09
Costs to cover
1.324%
Break-even
16.9 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago1.41 bp13.5 bp −$1423.3 bp −$23369.2 bp −$6,917doesn't fit
Sell KuCoin live order book, 4 min ago4.24 bp50.3 bp −$50doesn't fitdoesn'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
edgeX SOXSUSDC−0.0348%4h35.380+0.114%$39K$175K10xas long as short
Bybit SOXSUSDT0.0000%8h35.380+0.113%$4.2M$11.3M50xas long as short
Gate SOXS_USDTlong0.0000%8h35.340long leg$2.2M$11.7M25x
SunX SOXS-USDT0.0000%8h35.380+0.113%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.410+0.198%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.360+0.057%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.289−0.144%10xas long as short
Variational Omni SOXS+0.0117%8h35.389+0.138%$451K$712Kas long as short
BloFin SOXS-USDT+0.0140%8h35.410+0.198%$184K$60K25xas long as short
MEXC SOXS_USDT+0.0141%8h35.370+0.085%$10.4M$13.8M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDT+0.0144%8h35.325−0.042%$15.1M$191.7M25xas long as short
OKX SOXS-USDT-SWAP+0.0190%8h35.360+0.057%$2.9M$20.2M25xas long as short
KuCoin SOXSUSDTMshort+0.0257%8h35.350+0.028%$683K$2.7M10x
Kraken Futures PF_SOXSUSD+0.0819%1h35.317−0.065%$8K$32K20xas long as short
Bitget SOXSUSDT+0.2064%8h35.330−0.028%$5.8M$19.1M20xas long as short