Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.058% cheaper against Gate than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	35.990	0	get 0.0000% / 8h	1h 39m	$2.2M	$11.8M	25x
Short	Lighter SOXS	35.969	0.0032	get 0.0004% / 1h	39m 18s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee GatebpFee LighterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $6.72
Price spread: −0.058% → 0.000%: −$5.83
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$14.11
Costs to cover: 0.150%
Break-even: 21.7 days

Slippage unknown: Gate: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.

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, 4 min ago	4.18 bp	18.3 bp −$18	32.7 bp −$327	69.9 bp −$6,986	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SOXSUSDC	−0.0660%	4h	35.924	−0.183%	$39K	$175K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.988	−0.006%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	36.000	+0.028%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	35.990	long leg	$2.2M	$11.8M	25x
SunX SOXS-USDT	0.0000%	8h	35.980	−0.028%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.880	−0.306%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.960	−0.083%	$1.3M	$1.9M	20x	as long as short
Lighter SOXSshort	+0.0032%	1h	35.969	−0.058%	—	—	10x
Variational Omni SOXS	+0.0118%	8h	35.929	−0.170%	$464K	$717K	—	as long as short
BloFin SOXS-USDT	+0.0151%	8h	35.920	−0.194%	$187K	$62K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXS_USDT	+0.0157%	8h	35.990	0.000%	$12.1M	$14.0M	50x	as long as short
Binance SOXSUSDT	+0.0157%	8h	35.987	−0.008%	$15.5M	$194.3M	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0159%	8h	36.000	+0.028%	$3.0M	$20.9M	25x	as long as short
KuCoin SOXSUSDTM	+0.0233%	8h	35.990	0.000%	$700K	$2.7M	10x	as long as short
Bitget SOXSUSDT	+0.2274%	8h	35.928	−0.172%	$6.0M	$19.3M	20x	as long as short