Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0385%/8h= +42.1% APRpaid last 24h +0.031%

Price spread now: Kraken Futures against HTX−0.387%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.387% cheaper against HTX than usual: you would sell low and buy high (spread −0.387% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 3.4 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOXS-USDT	34.230	0	get 0.0000% / 8h	4h 09m	$11K	$24K	10x
Short	Kraken Futures PF_SOXSUSD	34.098	0.0385	get 0.0048% / 1h	9m 42s	$8K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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 HTXbpFee Kraken FuturesbpOrdersPrice spread, now −0.387%Rate

Funding earned: $80.76
Price spread: −0.387% → 0.000%: −$38.69
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $20.07
Costs to cover: 0.220%
Break-even: 5.3 days

Slippage unknown: HTX: no order-book sample; Kraken Futures: 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 HTX no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

HTX and Kraken Futures: 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	−0.0703%	4h	34.226	−0.011%	$37K	$179K	10x	as long as short
Bitget SOXSUSDT	−0.0106%	8h	34.140	−0.263%	$5.9M	$16.6M	20x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.130	−0.292%	$2.1M	$10.5M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	34.140	−0.263%	—	$4.3M	10x	as long as short
HTX SOXS-USDTlong	0.0000%	8h	34.230	long leg	$11K	$24K	10x
Phemex SOXSUSDT	0.0000%	8h	34.130	−0.292%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.109	−0.353%	—	—	10x	as long as short
Variational Omni SOXS	+0.0056%	8h	34.169	−0.179%	$431K	$616K	—	as long as short
MEXC SOXS_USDT	+0.0065%	8h	34.130	−0.292%	$10.5M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0065%	8h	34.130	−0.292%	$15.5M	$174.2M	25x	as long as short

Show 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	−0.117%	$193K	$55K	25x	as long as short
Bybit SOXSUSDT	+0.0149%	8h	34.150	−0.234%	$4.2M	$10.6M	50x	as long as short
KuCoin SOXSUSDTM	+0.0315%	8h	34.140	−0.263%	$670K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0339%	8h	34.130	−0.292%	$3.1M	$17.6M	25x	as long as short
Kraken Futures PF_SOXSUSDshort	+0.0385%	1h	34.098	−0.387%	$8K	$32K	20x